Social Security

Social Security

Social Security Fund

The Social Security Fund is subordinate to the Secretariat for Social Affairs and Culture and responsible for implementing various policy measures concerning social security and managing relevant resources.

Established on 23rd March 1990, the Social Security Fund primarily serves to provide social security for local employees. With the exacerbated social phenomenon of ageing, the demand of residents for a universal coverage has become increasingly urgent. Thus, in November 2008 the Government announced the Social Security and Old-age Pension System Reform Programme. Its core content is to build a double-tier social security system (i.e.) through the first-tier social security system all Macao residents can enjoy basic social protection, particularly old-age protection in order to improve the quality of life of residents whilst a more ample protection for retired life is supported by the second tier non-mandatory Central Provident Fund.

The second-tier “Non-Mandatory Central Provident Fund System” was approved in detail by the Legislative Assembly and shall come into force on 1st January 2018.

Social Security System

Law No. 4/2010, Social Security System became effective on 1st January 2011, being the first tier of the two-tier Social Security System. This System operates under the principles of social insurance and pay-as-you-go (PAYG). Its funds are derived from contributions by employers, employees and individual participants, non-resident worker employment fees, an appropriation from the gaming industry’s revenue, the Government’s allocation of one per cent of the recurrent budget revenue, and interest payments received from Social Security Fund investments.

Contribution System

The Social Security System comprises an obligatory contribution system and arbitrary contribution system. Since 1st January 2017, monthly contribution amount of MOP 45 has to be made (employer MOP 60 and employees MOP 30) to the Social Security Fund on a monthly basis; other residents who comply with the relevant legal requirements can make contribution of MOP 90 by enrolling in the arbitrary system.

According to Executive Order No. 357/2016, the monthly contribution amount of the Social Security System was increased to MOP 90 on 1st January 2017 (employer MOP 60, employee MOP 30), while monthly contribution of the Arbitrary System is MOP 90. 

Social Security Pension Payments and Allowances

According to the current social security system, eligible beneficiaries are legally entitled to old-age pensions, disability allowance, unemployment allowance, sickness allowance, funeral allowance, marriage allowance, birth allowance, disbursement for costs arising from work-related debts and respiratory diseases.

In accordance with Executive Order 142/2016, all pension payments and allowances of the Social Security System are as follows:

Pension payments/ Allowances Amount (MOP)
Old-age pension 3,450/month
Disability pension 3,450/month
Unemployment allowance 138/day
Sickness allowance Non-hospitalisation:  104 /day
Hospitalisation: 138/day
Birth allowance 1,957/time
Marriage allowance 1,957/time
Funeral allowance 2,534/time

Non-Mandatory Central Provident Fund System

“Non-Mandatory Central Provident Fund System” shall come into force on 1st January 2018, which is composed of Contributory System and Allocation System, holder of the Individual Account can accumulate funds for future retirement from investment return and rollover generated by the contribution made to the account.

Individual Accounts of Non-Mandatory Central Provident Fund

The following residents of the Macao Special Administrative Region can become the individual account owners of non-mandatory central provident fund:

    1. He/she who has attained 18 years of age;
    2. He/she under the age of 18, but has registered in the social security system in accordance with the provisions of Article 10 (1) (a) of Law 4/2010.

The individual account of non-mandatory central provident fund is composed of a government-managed sub-account, a contribution sub-account and a preserved sub-account.

Contribution Scheme of Provident Fund

The Contribution schemes of provident fund consist of Joint provident fund scheme and Individual provident fund scheme. The former is applied to employees; monthly contribution is made by both employer and employee, which is equivalent to five percent of the employee’s monthly basic wage, and within the upper and lower limit by law. Upon the termination of the employment relationship, the percentage of the employee’s obtaining of the employer’s contribution is determined based on the employee’s contribution period. The individual account of non-mandatory central provident fund has a portability feature, i.e. the contribution sub-account will not be settled because of the termination of labour relations. The individual provident fund scheme can be applied to all account owners, the minimum amount of monthly contributions is MOP 500, and the upper limit is MOP 3,100.

Allocation System

Permanent residents attained 22 year of age, who are still alive on January 1 of the calendar year and for at least 183 days within the year prior to the allocation, are eligible to a special allocation from budget surplus. The individual account owners of non-mandatory central provident fund who are paid for the first time the special allocation from budget surplus can also enjoy a one-time payment of incentive basic funds of MOP 10,000. The amount will be transferred to the respective government-managed sub-accounts, balance can be rollover or transferred to contribution sub-account or preserved sub-account for investment.

Withdrawal of Funds

In order to fulfill the aim of getting better protection of life after retirement, account holders who have reached 65 years of age or those who have met certain criteria are eligible to apply to withdraw funds from their accounts.



Social Security Fund

Tel: (853) 2853 2850

Fax: (853) 2853 2840