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Old 14-12-2022, 12:24 AM
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Originally Posted by Unregistered View Post
Just doing some math....

8.6k plus 1.25 is the start.

1st year
8.6X12 = 103,200
8.6X1.25=10,750
Total = 113,950
Plus CPF contribution by employer = 17%X113950 = 19,37150
Grand total = 133,321.50

2nd year increase by 6%
9.12X12 = 109,440
9.12*1.25 = 11,400
Total = 120,840
CPF = 20,542.80
Grand total = 141382.80

3rd year increase by 6%
9.67*12 = 116,040
9.67*1.25 = 12,087.50
CPF = 21,781.68
Grand total = 149,909.18

4th year increase by 6%
10.25*12 = 123,000
10.25*1.25 =12,813
Total = 135,813
CPF = 23,088.21
Grand Total = 158901.21

5th year increase by 6%
10.865*12 = 130,380
10.865*1.25 = 13,581.25
Total = 143,961.25
CPF = 24,473.41
Grand Total = 168,434.66

6th year increase by 6%
11.52*12=138,240
11.52*1.25=14,400
total = 152,640
CPF = 25,948.80
Grand Total = 178,588.80

7th year increase by 6%
12.21*12=146,534.40
12.21*1.25=15,262.50
total = 161796.90
CPF = 27,505.47
Grand total = 189,302.37

8th year increase by 6%
12.94*12=155,311
12.94*1.25 = 16,175
total = 171,486
CPF = 29,152.62
Grand Total = 200,638.62

9th year increase by 6%
13.72*12=164,596.80
13.72*1.25=17,150
total = 181746.80
CPF = 30,896.96
Grand T = 212,643.75


10th year increase by 6%
14.54*12=174,518.40
14.54*1.25=18,175
Total = 192,693.40
CPF = 32757.88
Grand T = 225,451.27

11th year increase by 6%
15.41*12=184,948.80
15.41*1.25=19,262.50
Total = 204,211.3
CPF = 34,715.92
Grand T = 238,927.22

12th year increase by 6%
16.33*12=196,015.20
16.33*1.25=20,412.50
Total = 216,427.70
CPF = 36,792.71
Grand T = 253,220.40

So after 12 years at standard progression of salary will hit 250k a year after 12 years of passing MMed.

Maybe there are some other bonus perks I am unaware of. But it is definitely realistic. I do think that the 250-300k mark is probably the limit though.

like OP says 400k is for the CEO.
Beyond 6k, doesnít attract cpf for ordinary wages.


Who is the fm curriculum head nowadays? Need to drop him an email
Does fam med teach u ordinary maths or sg CPF contribution.?

Iím worried abt mmed fm Standard nowadays.
My time we will look at cpf allocation rates etc but you tester doesnít know hair.
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