澳門特別行政區政府
Governo da Regiao Administrativa Especial de Macau

Introduction

Effective on 1 January 2011, Law No. 4/2010 (Social Security System) is the first tier of the two-tier social security system.  The current social security coverage covers all residents in Macao to allow them receive basic old-age security.  

The social security contribution system consists of the obligatory system and arbitrary system.  Local employees and employers with an employment relationship are required to make obligatory system contributions to the Social Security Fund (abbreviated to FSS in Macao), and other Macao residents who meet certain legal requirements can also make contributions by enrolling in the arbitrary system.    Under the operating principles of social insurance, residents can enjoy old-age pension, disability pension, unemployment allowance, sickness allowance, birth allowance, marriage allowance and funeral allowance in accordance with the law by fulfilling their contribution obligations, providing residents with basic social security, especially old-age security, in order to improve the quality of life of residents.

The financial revenue of the FSS comes from gaming allocations, 1% share of the recurring revenue from the SAR Government’s annual total budget, an allocation of 3% from the balance of the central budget execution, fixed contributions of beneficiaries enrolled in this system (employees, employers, arbitrary system contributors), employment fee for non-resident workers as well as income from investments of the FSS.

The FSS started to fully implement the "Periodic Adjustment Mechanism of Social Security Fund’s Benefits" in 2022, and reviews and adjusts the old-age pension and other benefit amounts in a more scientific and systematic manner in order to ensure the basic old-age security levels, and sustainable development of the Social Security System.

Last updated: March 2024