Cpf contribution - What do you think of the Budget measures set for 2011?

Cpf contribution : Photo Gallery

Employer CPF Contribution Rate to Go Up By 1% - sgcGo Employer CPF Contribution Rate to Go Up By 1% - sgcGo Cpf contribution to MA,	Budget 2007: CPF Changes And Workfare Budget 2007: CPF Changes And Workfare Employee Cpf contribution	CPF Contribution Rates « Serene Chen CPF Contribution Rates « Serene Chen Cpf contribution. Share this: Email	Cpf Contribution Cpf Contribution Cpf contribution
A. Singapore Budget 2011 | Board Matters Quarterly - Issue 7 ... A. Singapore Budget 2011 | Board Matters Quarterly - Issue 7 ... Employer Cpf contribution rate	Boleh! Boleh!: Know Your CPF Contributions - Life of a Married ... Boleh! Boleh!: Know Your CPF Contributions - Life of a Married ... Know Your Cpf contributions	Taking one step further for your welfare: CPF --> Contribution ... Taking one step further for your welfare: CPF --> Contribution ... The Cpf contributions are	CPF Board - CPF Contribution Information - my CPF 1 CPF Board - CPF Contribution Information - my CPF 1 Cpf contributions
All Categories | Youth Say | Youth Vibes All Categories | Youth Say | Youth Vibes Employer Cpf contributions	Employers' CPF contribution for older workers should be pegged to ... Employers' CPF contribution for older workers should be pegged to ... Employers' Cpf contribution	Min. Wage, Max. Damage Min. Wage, Max. Damage Cpf contribution Rates	Singapore Raises Employer CPF Contribution Rate To 0.5% | Gov Monitor Singapore Raises Employer CPF Contribution Rate To 0.5% | Gov Monitor Both CPF changes will take
CPF contribution to increase by 0.5 percentage points CPF contribution to increase by 0.5 percentage points EMPLOYER's Cpf contribution	CPF Board - Employers' Guide to CPF - my CPF 1 CPF Board - Employers' Guide to CPF - my CPF 1 not pay Cpf contributions	CPF Contribution for Workers Raises in Singapore | TopNews Singapore CPF Contribution for Workers Raises in Singapore | TopNews Singapore to raise Cpf contribution	Cpf Contribution | A-Pakistan News Cpf Contribution | A-Pakistan News Cpf contribution Central Pacific Financial CBA announced it would increase
cpf_contribution_06 | Flickr - Photo Sharing! cpf_contribution_06 | Flickr - Photo Sharing! Cpf contribution	Singapore Raises Employer CPF Contribution Rate To 0.5% | Gov Monitor Singapore Raises Employer CPF Contribution Rate To 0.5% | Gov Monitor Cpf contribution	, Supreme Commander recently received the contributions of CPF ... , Supreme Commander recently received the contributions of CPF ... Cpf contribution	Figure 1: Employee CPF Contribution Reduced 1 Figure 1: Employee CPF Contribution Reduced 1 Cpf contribution
sgfunds.com • View topic - Increase employers contribution in CPF?? sgfunds.com • View topic - Increase employers contribution in CPF?? Cpf contribution	cpf contribution rates for spr first year and second year cpf contribution rates for spr first year and second year Cpf contribution	CPF --> Contribution & Allocation Rates CPF --> Contribution & Allocation Rates Cpf contribution	has announced key changes to the CPF scheme. The contribution ... has announced key changes to the CPF scheme. The contribution ... Cpf contribution
Employers' CPF contribution 'should be pegged to job worth' Employers' CPF contribution 'should be pegged to job worth' by Monica Kotwani SINGAPORE - National Trades Union Congress (NTUC) assistant secretary-general Seng Han Thong has called for the employers' Central Provident Fund (CPF) contribution for older workers to be pegged to their job worth. ...	Transparency on our Sovereign Wealth Fund Transparency on our Sovereign Wealth Fund Singapore's reserves, as well as Singaporeans' Central Provident Fund (CPF) contributions, are managed by GIC and Temasek Holdings. In GIC's 2011 annual report, released last month, the fund claims a 7.2% annualized rate of return in USD terms from its ...	PE: Tan Kin Lian to propose S$1500 NS pay, if elected PE: Tan Kin Lian to propose S$1500 NS pay, if elected This can be in the form of cash and Cpf contribution. Full-time national servicemen currently receive between S$420 and S$1270, depending on the rank and vocation. Mr Tan had previously called for national servicemen to be compensated more fairly for ...	Single parent disillusioned with MCYS' CFAS subsidy Single parent disillusioned with MCYS' CFAS subsidy It was stated on the form that “net monthly income excludes the contribution to CPF and other allowances (eg shift, uniform, meal, transport allowance) that the parent does not receive on a regular basis” which I understood as the disposable income ...
Investing with your CPF Investing with your CPF YOUNG adults already in the workforce will no doubt be familiar with their CPF (Central Provident Fund) accounts, into which a portion of their monthly salary is automatically squirrelled away, along with a percentage contribution from their employers. ...	Elderly people deserve pension: Tan Kin Lian Elderly people deserve pension: Tan Kin Lian "We need to give the elderly an allowance - like pension. "The elderly need some financial help. When their CPF savings aren't enough, we need to give more." Mr Tan said he would back his words with a contribution from his own pocket. ...	Boko Haram: The Shame Of A Nation —Ben Nanaghan Boko Haram: The Shame Of A Nation —Ben Nanaghan From every Malay contributor of the Monthly Central Provident Fund (CPF), 50 Cents was deducted but later increased to $2.50. Each contribution was matched by government. dollar for dollar. In 1991, a group of young Muslim graduates formed the ...	POLITICO Influence: Money message POLITICO Influence: Money message CPF BACKS PATENT BILL: The Coalition for Patent Fairness sent a letter Tuesday morning urging Senators to “support cloture on and oppose all amendments” to the patent bill. The group, whose members include Apple, Adobe, Cisco, Dell, Intel and Google, ...
ORCO PROPERTY GRP : OPG H1 2011 ORCO PROPERTY GRP : OPG H1 2011 At the same time, the CPF has committed to tackle all unresolved ownership disputes within the next 12 months. "The financial environment remains challenging and may have an adverse impact on our financing and refinancing alternatives. ...	Tony Tan is the problem, not the solution – Part 2 Tony Tan is the problem, not the solution – Part 2 (See SDP's report here) Despite all these signals, Dr Tan and his colleagues at the GIC went ahead with the investments in these banks which, as stated, resulted in huge losses for Singaporeans and our CPF savings. If Dr Tan missed the financial ...

Cpf contribution : Videos

English Speech by PM Lee at May Day Rally 2010 English Speech by PM Lee at May Day Rally 2010 announces that the Government has decided to increase Cpf contribution by one per cent this year. Employer's Cpf contribution will go up from ... Rated: 3.6666667     Duration: 2372 seconds     Video type: YouTube     Hosted by: www.youtube.com on Mon, 03 May 2010 08:49:12 PDT	Lim Swee Say -- Making savings work for you Lim Swee Say -- Making savings work for you Say" NTUC Singapore "Minister Lim Swee Say" "Mr Lim Swee Say" CPF "Cpf contribution" "CPF SG" " ... Rated: 5     Duration: 203 seconds     Video type: YouTube     Hosted by: www.youtube.com on Thu, 05 May 2011 02:41:45 PDT	Singapore Citizen Spent 68% Of CPF Saving On Housing Singapore Citizen Spent 68% Of CPF Saving On Housing A paper presented by an NUS social graduate Ng Kok Hoe at a Seminar on the Aged yesterday questioned if Singaporeans have sufficient CPF savings ... Rated: 5     Duration: 111 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 30 Mar 2010 16:38:00 PDT	CNA: Singapore Budget Forum 2011 Pt1/4 - 18Feb2011 CNA: Singapore Budget Forum 2011 Pt1/4 - 18Feb2011 . Other tax changes include the employer Cpf contribution rate, which will be raised by 0.5 percentage point to bring the total contribution rate ... Rated: 3.6666667     Duration: 780 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 18 Feb 2011 09:59:27 PST
Govt to consult stakeholders on CPF for older workers: Tharman Govt to consult stakeholders on CPF for older workers: Tharman Deputy Prime Minister Tharman Shanmugaratnam said the government will consult stakeholders and understand the ground feel when it looks into the ... Rated: -1     Duration: 108 seconds     Video type: YouTube     Hosted by: www.youtube.com on Sun, 17 Jul 2011 22:56:58 PDT	my cpf - Starting Work my cpf - Starting Work Ms Karin Wee, from CPF Board's IM$avvy team, shares basic CPF information that is useful for anyone who has just started to receive CPF ... Rated: -1     Duration: 241 seconds     Video type: YouTube     Hosted by: www.youtube.com on Mon, 12 Oct 2009 16:25:22 PDT	PE: Tan Kin Lian to propose S$1500 NS pay, if elected - ... PE: Tan Kin Lian to propose S$1500 NS pay, if elected - ... for men undergoing national service. This can be in the form of cash and Cpf contribution. Full-time national servicemen currently receive between ... Rated: 3     Duration: 152 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 26 Aug 2011 05:34:01 PDT	Singapore Budget 2011 Highlights - 18Feb2011 Singapore Budget 2011 Highlights - 18Feb2011 . Other tax changes include the employer Cpf contribution rate, which will be raised by 0.5 percentage point to bring the total contribution rate ... Rated: 5     Duration: 878 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 18 Feb 2011 08:03:32 PST
CNA: Singapore Budget Forum 2011 Pt2/4 - 18Feb2011 CNA: Singapore Budget Forum 2011 Pt2/4 - 18Feb2011 . Other tax changes include the employer Cpf contribution rate, which will be raised by 0.5 percentage point to bring the total contribution rate ... Rated: 5     Duration: 768 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 18 Feb 2011 10:32:45 PST	CNA: Singapore Budget Forum 2011 Pt3/4 - 18Feb2011 CNA: Singapore Budget Forum 2011 Pt3/4 - 18Feb2011 . Other tax changes include the employer Cpf contribution rate, which will be raised by 0.5 percentage point to bring the total contribution rate ... Rated: 5     Duration: 636 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 18 Feb 2011 10:56:27 PST	CNA: Singapore Budget Forum 2011 Pt4/4 - 18Feb2011 CNA: Singapore Budget Forum 2011 Pt4/4 - 18Feb2011 . Other tax changes include the employer Cpf contribution rate, which will be raised by 0.5 percentage point to bring the total contribution rate ... Rated: 5     Duration: 650 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 18 Feb 2011 11:13:17 PST	SBS Transit, SMRT submit applications for fare adjustments - 11Jul2011 SBS Transit, SMRT submit applications for fare adjustments - 11Jul2011 demand. Manpower costs also increased as a result of a higher employer's Cpf contribution rate, from 14.5 per cent to 15 per cent in September ... Rated: 1.8     Duration: 131 seconds     Video type: YouTube     Hosted by: www.youtube.com on Mon, 11 Jul 2011 08:05:21 PDT
Parliament Speech - Low Thia Khiang on CPF Parliament Speech - Low Thia Khiang on CPF Mr Low Thia Khiang, MP for Hougang, raised his view on CPF reform issue. Rated: 4.8035712     Duration: 418 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 18 Sep 2007 06:27:34 PDT	叶叔问政CPF questions for New Citizens New Voters English ver 01.0 叶叔问政CPF questions for New Citizens New Voters English ver 01.0 This is the English version of the CPF issue of questions that New Citizens & New Voters should ask famiLEE LEEgime. Weather is CPF scheme ... Rated: 5     Duration: 466 seconds     Video type: YouTube     Hosted by: www.youtube.com on Wed, 29 Sep 2010 13:11:16 PDT	GE: SPP rebutted Wong Kan Sengs comment - 23Apr2011 GE: SPP rebutted Wong Kan Sengs comment - 23Apr2011 employers who want to hire skilled foreign labour. This is to match the current CPF employer contribution of 16 per cent for local Singaporeans ... Rated: 4.8095236     Duration: 140 seconds     Video type: YouTube     Hosted by: www.youtube.com on Sat, 23 Apr 2011 07:38:37 PDT	CPFConnects, CCA Projex 8 CPFConnects, CCA Projex 8 made from Flaming Text -Used Graphs from the Singapore CPF website to better illustrate the rates of contribution. -Remade the final slide and ... Rated: 3.5555556     Duration: 161 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 23 Sep 2008 04:47:25 PDT
Riot police vs four silent protesters in Singapore Riot police vs four silent protesters in Singapore people demanding greater transparency and accountability in Singapore's state-managed pension fund and other government-linked agencies ... Rated: 4.28     Duration: 534 seconds     Video type: YouTube     Hosted by: www.youtube.com on Fri, 08 Dec 2006 08:29:43 PST	401K security 401K security WJAR Turnto10 interviews David Brochu, CPF to discuss 401k security and other defined contribution plans. ... WJAR Turnto10 "David Brochu ... Rated: 5     Duration: 170 seconds     Video type: YouTube     Hosted by: www.youtube.com on Mon, 25 Jul 2011 13:43:40 PDT	A speech to mark Singapore PAPs half-term since election 2006: "为 ... A speech to mark Singapore PAPs half-term since election 2006: "为 ... speeches in English are available in abundance on the internet. This is my contribution to the comparatively less-available speeches in Chinese.此 ... Rated: 4.130435     Duration: 348 seconds     Video type: YouTube     Hosted by: www.youtube.com on Sat, 01 Nov 2008 23:04:21 PDT	TV Serra News: CPI fica escandalizada com denúncias em Teresópolis (# 1 - ... TV Serra News: CPI fica escandalizada com denúncias em Teresópolis (# 1 - ... assim temos 360 famílias que não recebem o benefício por não terem o documento de CPF", disse Henrique. Ainda no que diz respeito ao Aluguel ... Rated: -1     Duration: 607 seconds     Video type: YouTube     Hosted by: www.youtube.com on Mon, 18 Apr 2011 21:31:09 PDT
President Nathan awarded Mauritius honorary degree (07 Jun 2011) President Nathan awarded Mauritius honorary degree (07 Jun 2011) of Mauritius. The Honorary Degree of Civil Law Honoris Casa recognises his contributions in education and culture. In his speech at the award ... Rated: 3.6666667     Duration: 67 seconds     Video type: YouTube     Hosted by: www.youtube.com on Tue, 07 Jun 2011 08:59:17 PDT	新加坡人才政策，高薪养【贪】绝非【廉】 新加坡人才政策，高薪养【贪】绝非【廉】 category. And they are stuck here in plights,having no way out. CPF withdrawal age doesn't allow them to use CPF money when they need it.By ... Rated: 4.181818     Duration: 3016 seconds     Video type: YouTube     Hosted by: www.youtube.com on Sun, 12 Dec 2010 21:36:58 PST	叶叔问政 CPF questions for New Citizens New Voters English ver ... 叶叔问政 CPF questions for New Citizens New Voters English ver ... Cpf contributionHosted by: YouTube	Singapore Spent 68% Of Annual CPF Contributions On Housing Singapore Spent 68% Of Annual CPF Contributions On Housing Cpf contributionHosted by: YouTubeHosted by: in.com
English Speech by PM Lee at May Day Rally 2010 English Speech by PM Lee at May Day Rally 2010 Cpf contributionHosted by: YouTubeHosted by: in.comHosted by: YouTube	Lim Swee Say – Making Savings Work for You Lim Swee Say – Making Savings Work for You Cpf contributionHosted by: YouTubeHosted by: in.comHosted by: YouTubeHosted by: Metacafe	CPFConnects, CCA Projex 8 CPFConnects, CCA Projex 8 Duration: 161000 seconds Hosted by: YouTube	BGSU 2008 Alumni Awards Janet Parks, Honorary Alumnus BGSU 2008 Alumni Awards Janet Parks, Honorary Alumnus Duration: 142000 seconds Hosted by: YouTube
IM$avvy IM$avvy Duration: 142000 seconds Hosted by: YouTube	February 2007 February 2007 Duration: 142000 seconds Hosted by: YouTube	CNA: Singapore Budget Forum 2011 Pt2/4 - 18Feb2011 CNA: Singapore Budget Forum 2011 Pt2/4 - 18Feb2011 Duration: 142000 seconds Hosted by: YouTubeHosted by: YouTube	CNA: Singapore Budget Forum 2011 Pt4/4 - 18Feb2011 CNA: Singapore Budget Forum 2011 Pt4/4 - 18Feb2011 Duration: 142000 seconds Hosted by: YouTubeHosted by: YouTubeHosted by: YouTube
CNA: Singapore Budget Forum 2011 Pt3/4 - 18Feb2011 CNA: Singapore Budget Forum 2011 Pt3/4 - 18Feb2011 Duration: 142000 seconds Hosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTube	CNA: Singapore Budget Forum 2011 Pt1/4 - 18Feb2011 CNA: Singapore Budget Forum 2011 Pt1/4 - 18Feb2011 Duration: 142000 seconds Hosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTube	Singapore Budget 2011 Highlights - 18Feb2011 Singapore Budget 2011 Highlights - 18Feb2011 Duration: 142000 seconds Hosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTubeHosted by: YouTube	A speech to mark Singapore PAPs half-term since election 2006 ... A speech to mark Singapore PAPs half-term since election 2006 ... Duration: 348000 seconds Hosted by: YouTube
GE: SPP rebutted Wong Kan Sengs comment - 23Apr2011 GE: SPP rebutted Wong Kan Sengs comment - 23Apr2011 Duration: 348000 seconds Hosted by: YouTubeHosted by: YouTube	February 2007 February 2007 Duration: 348000 seconds Hosted by: YouTubeHosted by: YouTube

Cpf contribution : Latest News, Information, Answers and Websites

In SIN the employer contribution for cpf is paid frm employee sal/employer totally?Can sme be dducted frm sal?

Answer: Yes, it is paid by both! No, !!!
Category: Singapore

Are there any exemptions for CPF contributions?

Employees who are exempted from Cpf contributions are: Foreigners on Employment Pass, Professional Visit Pass or Work Permit Cpf contributions are not allowed for foreigners. Both the employer's and employee's share ...

can temp staff not have cpf contributions? if no, what is the min salary to have CPF contri?

the temp staffs do not get their pay monthly; meaning they get it weekly or fortnightly or every 3 weeks. each weeks salary is ard $250.
Answer: This is a matter of company policy, isn't it? Usually, part time, temp and entry level are offered less than needed to be offered benefits.
Category: Financial Services

can i terminate my contract with the company if the company keep delaying contribution of cpf?

Answer: I believe so
Category: Law & Legal

Increase in CPF contribution rate « TAX@SG

Employers to take note of changes to Cpf contribution rate. As announced in this year's Budget, with effect from 1 September 2011, the employer Cpf contribution rate will be raised by 0.5% to 16%, bringing the total CPF ...

Central Provident Fund - Wikipedia, the free encyclopedia

In September 2010, the employer's contribution to the CPF, a national pension fund, will go up ...

Should employers CPF contributions be increased following Singapores strong economic data for Q1? Why?

Singapore’s labour chief has urged employers to consider restoring their portion of the Central Provident Fund (CPF) contributions following a strong rebound of the Singapore economy. Do you think employers Cpf contributions should be restored and what else can be done for employers?
Answer: Yes the employers' Cpf contribution should be restored, as the employees has been supportive for the past few years. Since the economy has returned strongly, it's high time that the employees get back what originally belongs to them, the few percentage differences means significant to alot of people, especially those struggling to finance their homes.
Category: Economics

CPF Board - Contribution Calculator

Know more about CPF interest rates. Request a SingPass. Know more about my cpf Online Services. Know the Cpf contribution rates. Know more about CPF ...

Employers' CPF contribution for older workers should be pegged to ...

SINGAPORE: NTUC Assistant Secretary General Seng Han Thong said employers' Central Provident Fund (CPF) contribution for older workers should be pegged to their job worth. Read the rest here: ...

Employers' CPF contribution 'should be pegged to job worth ...

"We need to give the elderly an allowance - like pension. "The elderly need some financial help. When their CPF savings aren't enough, we need to.

Are referrals employees of the company? Any CPF contribution for them?

All my questions are applied in Singapore only. 1. If a company pay somebody for referral fees as incentive for individuals, are those referrals/consultants considered as employee? 2. Any Cpf contributions for them? 3. For those independant referrals, do they need to register as self-employed? 4. If referrals do not registered as self-employed, what are the implications for the company or employer?
Answer: If a referrals is employed under the company, then he/she will be the employees, and by law, there will be Cpf contribution. But most of the time, it's just referral incentive as per referral, then you are consider as free lance, not consider a employee of the company. You will need to submit income tax as self-employed. As a self-employed, you need to contribute to CPF (medi-save account) as well.
Category: Other - Business & Finance

tips on working in qatar? how do i settle hdb,cpf,ns matters?kids school overthere?

singaporean seeking employment in Qatar.Basically how do i go about in matters like hdb mortgage,Cpf contribution, ns and any ideas on family environment over there(children education or spouse possible employment)
Answer: I worked in Doha for 2 weeks...couldn't wait to get out. It sucks!!!
Category: Financial Services

CPF Board - Members - Home - my CPF 1

Know more about CPF interest rates. Request a SingPass. Know more about my cpf Online Services. Know the Cpf contribution rates. Know more about CPF ...

Hello, if you make 220k in Singapore, how much is net AFTER your CPF contribution? Can anyone suggest a link?

If you suggest a link, please dont just suggest IRAS :) Thank you.
Answer: Employee's Cpf contribution on your monthly gross salary is 20% and capped at an income ceiling of $4500. Which means, $900 maximum contribution from the employee's portion. For bonuses, it will be a straight 20% off your gross without ceiling (if I am not wrong). So let say you earned $17K a month, your monthly Cpf contribution will be $900 x 12 mths = $10,800. If bonus is $17K, another additional $3400 will be added to your CPF. IRAS is not the link to go. For Cpf contribution, you should visit CPF website instead. Here is the link: http://mycpf.cpf.gov.sg/Members/Calculators/mbr-Calculators.htm
Category: Personal Finance

EnterpriseOne - CPF Contributions

Oct 6, 2009 ... The Central Provident Fund Board (CPF Board) is in charge of collecting CPF Contributions. CPF is a comprehensive social security savings ...

CPF Board - CPF Contribution Information - my CPF 1

Jun 30, 2011 ... Limits on Cpf contributions ... Cpf contribution and Allocation Rates ... CPF Contributions for Singapore Permanent Residents ...

Employer CPF contribution rate to go up by 0.5% | Singapore ...

The CPF Annual Limit for both mandatory and voluntary contributions will be revised from $27158 to $30600 for 2011.

CPF Board - Employers' Guide to CPF - my CPF 1

You may wish to submit your Cpf contribution details electronically via the CPF website. ...

CPF Contribution and Allocation Rates from 1 September 2011

From 1 September 2011, the employers' Cpf contribution rate will be increased by 0.5 percentage point. For employees who are above 35 years old and earning monthly wages of up to $1500, the higher employer CPF ...

Is is possible to put in your own CPF if you have no CPF deductions?

If youre working in an agency which doesnt deduct your CPF, can you make your own contributions to your CPF when you get your pay?
Answer: Yes, you can do your own Cpf contributions.
Category: Personal Finance

What do you think of the Budget measures set for 2011?

The Singapore Budget for financial year 2011 has just been unveiled. The government will provide a package of benefits for Singaporean households amounting to S$6.6 billion, set a personal income tax rebate of 20 percent and raise employer Cpf contributions, among others. Do you think such measures will help improve your ability to cope with expected higher cost of living? What do you like or not like about the new Budget?
Answer: It is opportunistically an election budget out to buy votes from Singapore voters. The goodies given out to the men in the street are one-off measures and nothing significant or of long term basis. The budget has no focus on unemployed Singaporeans to help them find decent jobs with decent remunerations. These unemployed Singaporeans could not find jobs in the employment markets due to influx of foreigners taking up most of the white/blue collars jobs formerly and traditionally filled by employable Singaporeans. Most Singaporeans would prefer stable jobs with decent monthly salaries on long term basis than to be given "goodies" on one-off measure basis. Increaing foreign worker levy is for the category of foreign workers who are work permit holders. How about foreign talents, who are university graduates or have professional qualifications, under employment passes? This is the group that has taken up most of the jobs which traditionally employed mainly Singaporeans in the past. If the budget does not do anything to help the unemployed Singaporeans to find jobs, then it is by all means a failed budget.
Category: Government

How and where should I invest to achieve maxinum returns?

I am 27years old and I have 18k in Ordinary Account and 10k in Special Account in CPF. My CPF monthly contribution is about $800 and have to service a $250 per month installatment for my HDB flat. How and where should I invest to achieve maxinum returns. Thanks!!
Answer: Anybody who gives you a specific answer is either lying or an idiot. If anybody could predict what will bring maximum returns, he would be too rich to read Yahoo. First figure out what your accounts allow for investments - most people are not sure. For example, in the United States, the IRA account allows pretty much everything except collectibles and some forms of gold - you can have real estate, debt, oil wells and lots of other things - but most people think they are limited to stocks, bonds, and mutual funds, because that's what they've been told - and never bothered to check. Then review the investments and ask yourself: a) what's the historic average rate of return for a given investment b) what's a historically high rate of return for a given investment c) what's a historically low rate of return ( how much can I lose in a year) d) how complicated is it - putting money in a savings account is simple - trading stocks is complex, trading commodities increases the complexity by several factors e) how much do I know about these investments, and how much time do I have to learn about them - remember: it takes about 10000 hours of study or work to be really good at something ( that's equivalent of 5 years of full time work). People would not expect someone to take a weekend course and become a brain surgeon - why do people expect to learn investing quickly and painlessly? f) above all remember - protect your capital - ie: don't lose money! IF your investment goes against you - at what point will you sell it and preserve remaining capital - know this number before you invest, and stick to it religiously.
Category: Investing

TODAYonline | Singapore | CPF for older workers should be reviewed ...

Unionists have been calling for a review of older workers' Cpf contribution rates because they are concerned that workers will be unable to save enough for housing, medical and retirement needs, in the light of longer ...

How to calcuate whether your salary reach $30,000 by cpf contributions (formnula)?

I understand that when you want to apply a credit card for the 1st time through citibank. They will want you to send them your 12 months cpf statement. But how they calcuate (formula) your cpf contribute whether you really reach $30,000? Pls show. Thanks!! I mean the annual salary. Thanks you
Answer: The easiest way to show this is to submit your previous years income statement. If you are in Singapore, perhaps you may wish to go to the following website. It is for DBS, but the same techniques would apply. dbs.com/sg/personal/loans /additionalinfo/faq/cpfsubmit/ I had to break the link in two to keep the system from erasing.
Category: Credit

Cancelation of Singapore PR status from India?

I am a Singapore PR but presently working in India, I would like to cancel my PR status and collect my Cpf contribution and left over amount in DBS bank, PR status will expire in 2011. My question is can I able to cancel my Singapore PR status from India without visiting CPF office in Singapore? If so please let me know where to go for the cancelation in India.
Answer: try singapore embassy in india
Category: Singapore

how can we have a saving in our life? if our gross $1500/- after deduct cpf contribution might be abt $1200/-?

monthly need to pay:- 1.utilities average $150/- 2.sc/cc $51.60 3.house installment by cash $250/- 4.mother $150/- + prepaid 128 $26 5.petrol $90/- 6.daily pocket money $15/- 7.monthly courts installment $99/-X48mth 8.yearly IR8S $197/- property tax 9.6mths once for sevicing motor 4T Oil + spark-plug + Oil Filter for Honda Super4 $120/-net persession TOTAL $240/- + YEARLY MOTOR INSPECTION:-INSURANCE $189/-INSPECTION $17++, +Road TAX $132/- CHANGE FRONT&REAR TYRE $100each front tyre early change but rare tyre 18month 10.sickness THYROID around my neck from 2005 till 2008 but maybe abt the yrs not confirm tats was under speciallist N.U.H clinic D so was transfered to Jurong East Polyclinic for registration + medician almost $60/- per visit.
Answer: You need to cut your expenses or up your income and then you can save money. Possibly you could also do some sort of investing (ie the house payment is very slowly upping your equity in the house, but but a 2nd house and if you can rent it out with no loss then eventually you will own the 2nd house free and clear and can sell/ mortage it). I know your expenses are high compared to your income but we all face these decisions every day. To increase your savings you must do whatever you need, to cut your expenses or increase your income (or possibly wise investing can save you).
Category: Renting & Real Estate

For CPF contribution, what is the minimum pay I must get so that my boss will pay me CPF?

I am from Singapore.Thanks!
Answer: There is no minimum salary for Cpf contribution from employer. Employer has to pay the employer’s and employee’s share of Cpf contributions monthly for all employees at the rates set out in the CPF Act.
Category: Administrative and Office Support

What are the standard employment laws in Singapore for PRs?

Are employers mandated to provide medical? How about leave and Cpf contributions? And is there a differentiation between local and foreign companies?
Answer: Cpf contributions for PR are subjected to individual's agreement with their company. It can be in full or progressive increment from year 1. If you plan to stay in Singapore long, it is a better idea to contribute in full from the beginning as this savings can help you when you need to purchase houses (whether it is private or public houses), not to mention the medisave which will definitely come in handy when you are hospitalized. For medical, it is not compulsory for companies to provide them, it depends on the company you are working for, most time it is more like an fringe benefit on top of your salary. Likewise for leave, it can be anything from a few days to over 20 days per year, it depends on the company you are working for. There are definitely differences between local and foreign own companies, but would be impossible to answer unless you narrow the scope down.
Category: Singapore

New CPF Contribution Rates wef 1 Sep 2011 | Solutionsatwork Pte Ltd

The Cpf contribution Rates will be increased by 0.5% and the salary ceiling will be increased to S$5000. Both these changes will take effect from 1 Sep 2011. A summary of the new rates is provided below for employees who ...

Are workers under contract for service eligible for EPF contribution in Malaysia?

In Singapoe there is a difference between contracts of service and contracts for service. The latter is exempted from Cpf contribution. I am not sure if the same is also true for Malaysian in Malaysia.
Answer: There are some types of occupations that requires compulsory EPF contribution, and some optional. But everyone who is working can have an EPF if one wants too.
Category: Other - Taxes

CPF Board - CPF Contribution Rate Booklets 2007 - my CPF 1

Aug 31, 2011 ... Cpf contribution Rate Booklets from 1 September 2011. Cpf contribution rate booklet (Age group 35 years and below) (1.68 MB) ...

CPF Board - CPF Contribution and Allocation Rates - my CPF 2

For employees who are above 35 years old and earning monthly wages of up to $1500, the higher employer Cpf contribution rate will continue to be phased in ...