Pension Plan Setup
Decide Your Own Benefit Scheme
The employer shall have the absolute autonomy and right to decide on the rules of the Benefit Scheme. Under the Macau Pension Fund Law, the following conditions for the formation of right to pecuniary payments are allowed, including:
Old age retirement |
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Early retirement |
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Death |
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Permanent incapacity for work |
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Serious illness |
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Long-term unemployment |
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Final departure from the Macau SAR |
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Employment termination |
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Other conditions to be approved by the AMCM |
The vested percentage in each of the benefit payment conditions can be decided by the employer accordingly.