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 Working in Singapore v9, How to save 100k in 3 years to buy HDB?

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seeker118
post Nov 22 2011, 10:36 AM

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QUOTE(Materazzi @ Nov 19 2011, 12:36 PM)
singapore driver is bad.

and the travel company just leaves the hand.

http://www.zaobao.com/sp/sp111113_014.shtml


Added on November 19, 2011, 12:44 pmuser posted image
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I think what he mean is 撒手不管 in chinese. smile.gif
seeker118
post Dec 11 2011, 11:27 AM

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QUOTE(ntick @ Dec 11 2011, 03:31 AM)
If working Malaysia working in Singapore...did the Singapore employer paid 12 %  to our EPF account and do we need deduct 11 %  from our salary?
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QUOTE(Mackiddo @ Dec 11 2011, 07:33 AM)
maybe you should rephrase that.
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I guess what he want to ask is : "Whether a Singapore Company pay EPF to it's Malaysian employees."

The Companies Act 1965 and Employment Act 1955 are only meant for the local company to comply, they don't possess any right in regulating company and employees at foreign country.

Thus, a Singaporean Company will follow their own law instead of contributing 12% into our EPF account as required by Malaysian government. They have similar fund call Central Provident Fund ("CPF") and the percentage (%) of contribution will depends on the status hold by the employees (Work Pass Employees, Permanent Resident, Citizen etc.) and number of years working in the Company.

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