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CHAPTER I General provisions

Article 1 (Object)

This law regulates the setting up, management and winding up of private pension plans and private pension funds.

Article 2 (Pension plans)

  • 1.

    Pension plans are programmes that define the conditions for the formation of the right to pecuniary payments as a result of:

    • a)

      Early retirement;

    • b)

      Old age retirement;

    • c)

      Permanent incapacity for work; or

    • d)

      Death.

  • 2.

    Pension plans may also define the conditions for the formation of the

right to pecuniary payments as a result of:

  • a)

    Serious Illness;

  • b)

    Long-term unemployment; or

  • c)

    Final departure from the territory of Macau.

  • -

    2-

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