For the social security system, April is the contribution month for the first quarter of this year. The Social Security Fund (abbreviated to FSS in Macao) reminds that the flow of people at the service point is expected to increase at the end of the month. In order to avoid the peak flow at month end, employers should make their payment as soon as possible, and those who have applied for electronic filing service should try to use electronic payment channels to make their payments. As of 18th April, a total of 12,859 employers have already paid the obligatory system contributions for their employees, accounting for 61% of the total number of employers who need to pay contributions.
All employers are required to pay contributions for their local long-term employees on or before 30th April (Monday). If a non-resident worker is employed, employers must also pay the employment fee at the same time. If there is no change in the employment situation of local long-term employees during the quarter, besides the service points of the FSS, the employment fee for non-resident workers and the related contributions can be paid at the Islands District and the Central District Public Services Centres under the Civic and Municipal Affairs Bureau, or at the nine designated banks (including Bank of China Macau Branch, Industrial and Commercial Bank of China (Macau) Ltd., Banco Comercial de Macau, Tai Fung Bank, Banco Nacional Ultramarino, OCBC Wing Hang Bank, Macau Chinese Bank, Luso International Banking Limited and Delta Asia Bank).
As required by law, employers are required to pay a late payment interest and a fine if they make their payments late. As for beneficiaries of the arbitrary system, those who make their contributions late cannot settle the default contributions unless they pay the contributions together with a late payment interest within two months after the expiration of the statutory deadline.
For more information, please visit the website of the FSS at www.fss.gov.mo or call 2853 2850 during office hours for enquiries.