The Social Security Fund (abbreviated to FSS in Macao) said that interest income for the year 2018 had already been credited to the non-mandatory central provident fund system’s government-managed sub-accounts on 11 January, at an annual interest rate of about 2.137%.  From now on, members of the public can check their account balances through the FSS’ website at www.fss.gov.mo/en/eservice, or the 24-hour interactive voice hotline 2823 0230.

The interest income for the government-managed sub-accounts is generated by bank time deposit, calculated on a daily basis and distributed once a year.  For people who have been eligible for the special allocation from budget surplus since 2010 and have never used the relevant funds, their government-managed sub-accounts would have accumulated a total of 67,283 patacas on 31 December 2018, plus the current interest of 1,360 patacas, the balance would be 68,643 patacas in total.

Residents can also participate in the non-mandatory central provident fund system’s joint provident fund scheme or individual provident fund scheme to transfer the balance of the government-managed sub-account to the contribution sub-account for investment appreciation, in order to achieve higher returns.

For more information about the income distribution of government-managed sub-account, you can visit the FSS’ website at www.fss.gov.mo/en/rpc/share, or call 2853 2850 during office hours for enquires.