hi...just wondering.
some of you are on EP and receive the CPF for employer contribution in cash instead.
Just wondering, what is the %? 16?
So when you apply for PR and is approved, you will be paying Full rate (3rd year SPR) or follow first year?
If follow first year, employer contribution is 4%, u get 12% remaining in cash if u were receiving 16% before being PR?

anywhere you would recommend to get that done?

please read...he said that the CPF portion is paid to him in cash...not to CPF board.
so basically, what he means is he wanted SGD X but instead of the basic being SGD X, he got SGD Y + % for CPF which = SGD X

just curious, how much is the %? 5, 9 or 16?
so when one converts to PR, how will the calculation be then?

but with the CPF paid in cash, it is just an indirect way of saying your basic pay is higher.
with a higher pay, of course you will be require to pay more tax...simple logic.
only time it will hurt is when you apply for PR and get approved.
changing job might slightly be a concern if the new company does not pay you the extra cash and increase is based on basic of previous job.

relief or not, if u are on EP, there is no relief so for non-PR, of course it will be better to have it since it is extra cash in the end.

This post has been edited by crazy25kid: Sep 19 2012, 09:31 AM

i know...it is more like a perk.
actually, i am quite interested in this CPF paid to employee part.
i posted a question previously but no1 answered.
do they include this in the offer letter as black and white?

can i ask u this then?
is it written in your offer letter?
how much is the % for the CPF encashment? 5, 9 or 16?
if 9 or 16...when you apply for PR, what will be the rate they pay to CPF board?
Do they pay you back the remaining % since first year and second year is 5 and 9% respectively? or do they straight pay 16% to the board?

Ooo...thanks for the information.

maybank customer as in maybank credit card holder or show atm card also can?

nope...but it is rather useful.
developed in sg

there is an app for iOS.
i usually just use the website version.

just my personal opinion, better to apply with an income tax file.

First off, why do you want to negotiate after getting the S-pass approved?
I duno...it may or may not be a point in future application of pass.
I mean, if approved and your negotiation breaks down, your pass is cancelled or something...what if that becomes a mark for MOM that you are simply fooling around.
Why risk it?

if u dun tell, i don't think the agents will know.
but...can you be sure u will be able to get a job within 60 days?
if not, u might need to vacant the room for 1 month and still continue paying rent.

actually...there is another risk on the 3rd month.
YOU CANNOT ATTEND INTERVIEWS !!!
if u fully used up the 60 days in the first 2 months as u are barred from entering Sg.

there is actually a small loophole...not sure whether it is wise to teach u such a method used by cinapek companies in sg.

every past 90 days...you are only allowed to be in sg for 60 days.

For postpaid, receiving calls are FREE (well, you actually already paid for it).
For prepaid, receiving calls are not free...to make it "free", you pay a premium of less than 1 dollar per day.
By receiving calls, I am not differentiating local or international.

agreed...a lot is due to being too comfy in sg until they let their guard down when they went back to m'sia (not just specifically in JB)

congrats...so maybe u can answer me the question of the cpf encashment question i raised last time now.
so your cpf is now is 20%/16% (3rd year) straight or 5%/4% (1st year) and remaining 11% from employer still encashed to you.

sure, no problem

cannot scan...use the counter. -_-ll
bring along ur old passport