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Many Holidays Fall in Late January and FSS Calls on Residents to Make their Payments as Early as Possible


2020-01-17

January is the contribution month of the Social Security System for the fourth quarter of 2019.  As of 16 January, there are still about 7,300 employers who have not yet paid the obligatory system contributions for their employees, which accounts for about 34% of the total number of employers who need to pay contributions.  The offices of the Social Security Fund (abbreviated to FSS in Macao) will be closed for the Lunar New Year from the afternoon of 24th January to 29th January, and peak days at the service points are expected to be the working days that follow.  The FSS calls on employers to make their payments as early as possible to reduce wait times in queues.  Employers using electronic filing service can use electronic payment options; and beneficiaries of the arbitrary system should use electronic channels such as AutoPay, online banking, some ATMs and some self-service machines for their payment.

All employers must pay contributions for their local long-term employees on or before 31st January (Friday).  If a non-resident worker is hired, the employer is required to 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, the contributions and the employment fee can be paid at Municipal Affairs Bureau's Public Services Centres and its sub-station, 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).  In addition, the FSS has a new service point at the Macao Government Services Centre in Islands (Area of Social Security) (Address: Rua de Coimbra, No. 225, 3.˚ andar, Zona G ,Taipa).  Businesses or residents of the Islands District can also visit this new service point for their payment.

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 are late to pay their contributions cannot rectify the default contributions unless contributions are paid within two months after the expiry of the statutory period, plus a late payment interest.

For more information, residents may visit the website of the FSS at www.fss.gov.mo, or call 2853 2850 during office hours for enquiries.