Global Travel Media » Blog Archive » Melco announces launch of Non-mandatory Central Provident Fund Scheme for local colleagues

Home » Business News » Currently Reading:

Melco announces launch of Non-mandatory Central Provident Fund Scheme for local colleagues

May 10, 2019 Business News No Comments Email Email

Melco Resorts & Entertainment today announced the Company will be joining the Non-Mandatory Central Provident Fund System, effective July 1, 2019. http://www.stevecafeandcuisine.com/Macau residents joining the Company from July 1, 2019 onwards will be provided the option to enroll in the Non-Mandatory Central Provident Fund System, while the Company’s Macau resident colleagues enrolled in one of the Company’s Pension Fund Plans before July 1, 2019 will be provided with the option to transfer to the Non-Mandatory Central Provident Fund System or remain in their current Pension Fund Plan, which will continue to be in effect in parallel for such colleagues. 

Mr. Lawrence Ho, Chairman and Chief Executive Officer of Melco Resorts & Entertainment, said, “Our colleagues are integral to the Company’s achievements, and we are pleased to support the Macau SAR Government’s Non-Mandatory Central Provident Fund for our Macau resident employees.”

The Non-Mandatory Central Provident Fund aims to enhance social protection for Macau residents in their old age and is designed to complement the existing social security system. Melco will facilitate communication sessions to introduce the Non-Mandatory Central Provident Fund System to our colleagues so they are able to make an informed choice.

Comment on this Article:







Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global travel media endorses the following travel Publication

ADVERTISEMENTS

GLOBAL TRAVEL MEDIA VIDEOS

ADVERTISEMENTS



%d bloggers like this:
%d bloggers like this:
sitemap