Nearly 16,000 still need to apply for pension fund payout

Funds for the extraordinary distribution of budget surpluses from Macau’s non-mandatory central pension scheme for 2024 will be deposited Sept. 25 at the earliest, according to the Social Security Fund. Around 95,000 people have registered to withdraw funds this year, with around 71,000 elderly automatically getting deposits in their old-age pension accounts if requirements are met. However, the remaining 24,000 must withdraw funds on their own. To receive the Sept. 25 deposit, the approximately 16,000 still needing to apply must submit forms through the Macau Single Account or kiosks in August. Later applications or paper forms in September will see deposits on Oct. 23 instead.