Government may relax age pension regulations

Friday, April 23, 2010
Issue 994, Page 2
Word count: 250
Published in: Macau Daily Times

By Poyi (Natalie) Leung

The SAR government may change the regulations concerning the collection of unpaid amounts of age pensions after a beneficiary passed away.

The president of the Second Standing Committee of the Legislative Assembly, Cheang Chi Keong, said two thirds of the provisions in the bill to revise the social security system had already been discussed, adding that he believed the entire deliberation will be finished shortly.

Cheang said the standing committee proposed to the government yesterday that if an age pension beneficiary forgets to deliver the proof to the Social Security Fund (FSS) to show that he is still alive, the FSS should give him back the unpaid pensions once such proof is submitted.

Currently when a beneficiary forgets to provide the proof by the end of January every year, the FSS will suspend the payment immediately. In addition, the FSS will need to study the reasons why the proof is delivered late before the beneficiary can get back the unpaid pensions.

In addition, the standing committee hoped to amend the existing regulations about the age pensions that a beneficiary has not yet received at the time of his death.

Cheang Chi Keong said currently the spouse or direct family members can collect the unpaid amounts on a “first-come first-serve” basis within 90 days after the beneficiary passed away.

Yet, Cheang said the committee did not agree with the collection method and believed that it should follow the way of how legacy is obtained by the family according to the law.

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