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23-09-2019, 07:22 PM
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Junior Member
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Join Date: Sep 2019
Posts: 1
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!!!Urgent=AWS & VB Variable Bonus=Can you please help to explain to me, please ? ?
!!!Urgent=Can you please help to explain to me, please ??
The question is about how AWS & VB Variable Bonus are related to the calculation of employee and employer's CPF contribution:
In this first picture, this is her normal payslip for February 2019;
On the other hand, the 2nd picture payslip of December 2018 showing AWS and VB and most importantly the CPF deduction from both employee and employer, are those calculations correct?
When you look at the second picture above, CPF calculator could be helpful for you.
https://www.cpf.gov.sg/eSvc/Web/Misc...r=0&isMember=1
For your calculation purpose,
Her day of birth was August 1986
while her month and year of contribution was since August 2015.
The 2nd picture payslip of December 2018 showing AWS and VB and most importantly the CPF deduction from both employee and employer, are those calculations correct??
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23-09-2019, 09:12 PM
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Nobody will reply you. Coz must register to see.
In general, yes both variable bonus and aws (13th) are considered additional wages. These Are subject to cpf until your total wage hit 102000.
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