Quote:
Originally Posted by Unregistered
Hi,
Many thanks for replying. Appreciate it.
$6200 is my full load pay. 3/4 pay was $4650.
PB was 1.5. So MI is 1.5.
Yes, understand it is 75% of the 1.5
But not sure how much exactly my MI will be?
Could u help to calculate the figure?
1.5% means 1.5% x 4650 or 6200
|
Your MI is not 1.5%. It is usually a pre-determined fixed amount based on current salary grade and CEP. Your PB will not affect MI directly in any way.