Quote:
Originally Posted by Unregistered
Your 13th month will be aw
Essentially ow max is 6k per month.
Aw max is 30k per annum
Aw cap is counted per annum basis
Now your dec pay is 6k ow + 7k bonus
Your ow is cap at 6k for dec.
But your 7k bonus will fully attracts cpf coz it is considered additional wage unless you hit the 30k bonus limit per year.
Your employer will also be forced to pay the employer contribution of 17% of the 7k.
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youve said a lot but never answer why discrepancy of 200