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How much is CPF collecting from the workforce

How much is CPF collecting from the workforce

The current CPF contribution rate is 16% from employer and 20% from the employee making a total of 36% of the monthly income. Using an average salary of $3,000 and 2 million employees (for simplicity in calculation) contributing to the CPF, just ball park, the monthly contributions work out to be (36% x 3000 x 2m) $2.16b pm... 

BCC grade accepted for SG university engineering?

BCC grade accepted for SG university engineering?

Click to expand. BCC grade admitted to engineering? Our “university insider” alerted us to the fact that according to a university’s Indicative Grade Profile (IGP) – the 10th percentile of students admitted in most of the engineering courses has deteriorated to grades of BCC or lower. Competition from foreign engineers? The... 

CPF becoming a hot potato issue

CPF becoming a hot potato issue

55th birthday on or after MS (in 2003 dollars) MS (after adjustment for inflation) 1 July 2003 $80,000 $80,000 1 July 2004 $84,000 $84,500 1 July 2005 $88,000 $90,000 1 July 2006 $92,000 $94,600 1 July 2007 $96,000 $99,600 1 July 2008 $100,000 $106,000 1 July 2009 $104,000 $117,000 1... 



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