Quote:
Originally Posted by Unregistered
Assuming current CPF rates of 17% (20% employee contribution + 17% employer contribution) and starting pay of $5k, CPF accumulated in one year would be 0.37 x 5000 x 12 = 22200. In 10 years, it would already be over $200k.
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rates werent 37% consistently - was much lower few years back.
more likely poster is a sim person doing some nonsense job