Article 3 (Pension funds)
Pension funds are autonomous assets solely for the purpose of financing one or more pension plans.
Article 4 (Members of pension plans)
For the purposes of this law, the following individuals and corporate entities shall be regarded as members of pension plans:
Associates - corporate entities whose pension plans are financed by pension funds;
Participants - individuals whose rights enshrined in the pension plans are defined according to personal and professional circumstances, regardless of whether or not they contribute to the respective financing;
Contributors - individuals or corporate entities who contribute towards the financing of pension plans;
Beneficiaries - individuals entitled to the pecuniary payments provided for in the pension plans, regardless of whether or not they have been participants.
Article 5 (Pension fund managers and deposit of assets)
Pension funds shall be managed by insurers authorised to transact life insurance in the Territory of Macau, or by companies set up specifically to manage pension funds.
The provisions of Decree-Law no 27/97/M of 30 June relating to life insurance companies shall apply to the constitution, establishment and operation of fund management companies.
3. The assets pertaining to a pension fund shall be deposited with one or more depositories according to the provisions of this law.