Alameda Dr. Carlos D'Assumpcao, No. 398, Edificio CNAC, 4 Andar, Macau
(853) 2870 0883

Individual Provident Fund Scheme

If you want to be more financially sound after retirement, you should set up an individual provident fund scheme as soon as possible in order to start saving up for your future needs. Below are the details to join:

  • Applicant shall submit the Establishment Contract and Service Agreement, Individual Account Application Form, Direct Debit Agreement, FSS dedicated forms, ID card copy and copy of bankbook/monthly statement of the designated bank account (if applicable) to the fund management entity. (The “Designated Bank” refers to Bank of China, Tai Fung Bank and "OCBC" MACAU.

  • The FSS will approve the application within 60 days from the date of receipt of all required documents, and issue the notice of approval to the account owner;GeZI1.png

  • The individual provident fund scheme will come into effect on the first day of the following month after the approval from the FSS is granted.

  • The contributions will be debited directly from your designated bank account on a specified contribution day monthly. Or you may pay the contribution to the fund management entity in person.

  • Please ensure that there is sufficient fund in your designated bank account one business day prior to the contribution day to prevent any failure in the debit process.

If you are interested in setting up an individual provident fund scheme, you may come to Luen Fung Hang Life Limited or the agent bank as listed below to apply. Or you may contact Pension Fund Hotline at 2870 0882 or 2870 0889 for further enquiries.

Hotline Service Hours:

Monday - Friday 9:00a.m – 7:00p.m

Saturday 9:00a.m – 1:00p.m. (except Sundays and Bank Holidays)

Service Location:

  1. Luen Fung Hang Life Limited

  2. Bank of China

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