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 Singapore PR Application on May 2023, Already 12 months

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hksgmy
post Feb 22 2024, 02:00 PM

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QUOTE(plouffle0789 @ Feb 22 2024, 01:57 PM)
Salary :2000
Get Singapore pr at Age :40

Monthly 37% contrubhtin

Until age 60.
Age Initial Balance Annual Interest Rate Balance at the End of the Year
----------------------------------------------------------------------------
40  $8,880          4%                   $9,235.20                     
41  $9,235.20       4%                   $9,598.69                     
42  $9,598.69       4%                   $9,970.44                     
43  $9,970.44       4%                   $10,350.49                    
44  $10,350.49      4%                   $10,738.90                    
45  $10,738.90      4%                   $11,135.72                    
46  $11,135.72      4%                   $11,541.03                    
47  $11,541.03      4%                   $11,954.88                    
48  $11,954.88      4%                   $12,377.34                    
49  $12,377.34      4%                   $12,808.49                    
50  $12,808.49      4%                   $13,248.39                    
51  $13,248.39      4%                   $13,697.15                    
52  $13,697.15      4%                   $14,154.86                    
53  $14,154.86      4%                   $14,621.63                    
54  $14,621.63      4%                   $15,097.55                    
55  $15,097.55      4%                   $15,582.73                    
56  $15,582.73      4%                   $16,077.28                    
57  $16,077.28      4%                   $16,581.29                    
58  $16,581.29      4%                   $17,094.88                    
59  $17,094.88      4%                   $17,618.16                    
60  $17,618.16      4%                   $18,151.23                    
How will he do on age 60?

Give up PR right?

Now basic retirement sum  is $ 106,500.

user posted image

The ERS will hence be $426,000 in 2025, instead of $319,500, which DPM Wong said will allow more members aged 55 and above to commit their accumulated CPF savings to receive higher monthly payouts.

The BRS provides CPF members with monthly payouts to cover their basic living expenses during retirement.

The higher ERS is part of wide-ranging changes to the CPF system that DPM Wong, who is also Finance Minister, announced on Feb 16.

So he cannot withdraw any money at age 60?
*
That's enhanced retirement sum. The basic retirement sum is 4 times less than the enhanced, IINM

This post has been edited by hksgmy: Feb 22 2024, 02:00 PM
hksgmy
post Feb 22 2024, 02:02 PM

Doraemon!
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Joined: Sep 2019
QUOTE(plouffle0789 @ Feb 22 2024, 01:57 PM)
Salary :2000
Get Singapore pr at Age :40

Monthly 37% contrubhtin

Until age 60.
Age Initial Balance Annual Interest Rate Balance at the End of the Year
40  $8,880          4%                  $9,235.20                     
41  $9,235.20      4%                  $9,598.69                     
42  $9,598.69      4%                  $9,970.44                     
43  $9,970.44      4%                  $10,350.49                   
44  $10,350.49      4%                  $10,738.90                   
45  $10,738.90      4%                  $11,135.72                   
46  $11,135.72      4%                  $11,541.03                   
47  $11,541.03      4%                  $11,954.88                   
48  $11,954.88      4%                  $12,377.34                   
49  $12,377.34      4%                  $12,808.49                   
50  $12,808.49      4%                  $13,248.39                   
51  $13,248.39      4%                  $13,697.15                   
52  $13,697.15      4%                  $14,154.86                   
53  $14,154.86      4%                  $14,621.63                   
54  $14,621.63      4%                  $15,097.55                   
55  $15,097.55      4%                  $15,582.73                   
56  $15,582.73      4%                  $16,077.28                   
57  $16,077.28      4%                  $16,581.29                   
58  $16,581.29      4%                  $17,094.88                   
59  $17,094.88      4%                  $17,618.16                   
60  $17,618.16      4%                  $18,151.23                   
How will he do on age 60?

Give up PR right?

Now basic retirement sum  is $ 106,500.

user posted image

The ERS will hence be $426,000 in 2025, instead of $319,500, which DPM Wong said will allow more members aged 55 and above to commit their accumulated CPF savings to receive higher monthly payouts.

The BRS provides CPF members with monthly payouts to cover their basic living expenses during retirement.

The higher ERS is part of wide-ranging changes to the CPF system that DPM Wong, who is also Finance Minister, announced on Feb 16.

So he cannot withdraw any money at age 60?
*
Your table looks a little wrong... where is his 37% monthly contribution (37% of $2000)?
DM3
post Feb 22 2024, 03:35 PM

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Docs like marriage certs,birth certs need to be translated eh?
sinkiebaru
post Feb 22 2024, 03:44 PM

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QUOTE(plouffle0789 @ Feb 4 2024, 10:30 AM)
Any one more than 1 year no result?

My one is 10 months.
*
So you got PR already?

I know got one person took 11 months.
hksgmy
post Feb 22 2024, 03:59 PM

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QUOTE(DM3 @ Feb 22 2024, 03:35 PM)
Docs like marriage certs,birth certs need to be translated eh?
*
Yes, all to be translated into English
TSplouffle0789
post Feb 28 2024, 10:06 PM

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QUOTE(malz89 @ Feb 5 2024, 12:01 AM)
It's rather random, most of the Malaysians I know got theirs within 6 months .. those from Indonesia apparently faster too recently .. those from other countries may take a little longer ..

If you're an EP holder, doubt u have to worry. S pass may take a little longer.
*
user posted image




user posted image


Aspect Statistics
New Citizenship Granted at 2023 23,500
- Including children born overseas to Singaporean parents at 2023 1,300
New Permanent Residencies granted at 2023 34,500
Immigration Policy Measured and stable pace, focusing on integration, contribution, and commitment to Singapore
Focus of Immigration Policy Meeting future population needs, including granting PRs to healthcare workers




Now healthcare workers "seems "will have high chance than other sector workers


Many minister also said........something


hksgmy
post Feb 28 2024, 10:08 PM

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Any updates from TS yet?
malz89
post Feb 28 2024, 10:21 PM

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QUOTE(plouffle0789 @ Feb 28 2024, 10:06 PM)
user posted image
user posted image
Aspect                    Statistics                                       
New Citizenship Granted at 2023  23,500                                           
- Including children born overseas to Singaporean parents at 2023 1,300                                 
New Permanent Residencies granted at 2023  34,500                                           
Immigration Policy        Measured and stable pace, focusing on integration, contribution, and commitment to Singapore
Focus of Immigration Policy Meeting future population needs, including granting PRs to healthcare workers
Now healthcare workers  "seems "will have high chance than other sector workers
Many minister also said........something
*
Can consider changing your career.. haha
bengang15
post Feb 28 2024, 10:44 PM

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QUOTE(hksgmy @ Feb 28 2024, 10:08 PM)
Any updates from TS yet?
*
From April last year until now.

Seem like no update from ts. Did he even applied???
TSplouffle0789
post Feb 28 2024, 10:47 PM

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QUOTE(bengang15 @ Feb 28 2024, 10:44 PM)
From April last year until now.

Seem like no update from ts. Did he even applied???
*
I applied may 2023.

Now still pending result.





TSplouffle0789
post Feb 28 2024, 10:49 PM

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QUOTE(hksgmy @ Feb 28 2024, 10:08 PM)
Any updates from TS yet?
*
Now still pending result.


I just update my 2024 increment letter and payslip jan 2024.


Also attach a letter inform increment and ask how is the progress.....
CrazyPizza
post Feb 28 2024, 11:02 PM

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Hello, just stumbled upon this thread. Althought applied right after 6 months working here. Most of people i know who are malaysian male, freshgrads, 6 months exp will get exactly around 1 year,



This post has been edited by CrazyPizza: Feb 27 2025, 02:14 PM
CrazyPizza
post Feb 28 2024, 11:04 PM

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QUOTE(DM3 @ Feb 22 2024, 03:35 PM)
Docs like marriage certs,birth certs need to be translated eh?
*
no need, ica have malay officers

This post has been edited by CrazyPizza: Feb 28 2024, 11:53 PM
hksgmy
post Feb 28 2024, 11:09 PM

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QUOTE(CrazyPizza @ Feb 28 2024, 11:04 PM)
no need, ica have malay workers
*
Bro, ICA says no.

user posted image
CrazyPizza
post Feb 28 2024, 11:13 PM

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QUOTE(hksgmy @ Feb 28 2024, 11:09 PM)
Bro, ICA says no.

user posted image
*
This has been asked many times before albeit the official docs saying that. Most malaysians never translate including my colleagues, my cousin etc. all hv no issues hvg it approved. And besides if they really do need translation they will inform u, they wont outright reject u because of this
nelson969
post Feb 28 2024, 11:50 PM

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bro why need say ica have malay worker, u think malay their national langauge meh lmao.
hksgmy
post Feb 29 2024, 12:33 AM

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QUOTE(CrazyPizza @ Feb 28 2024, 11:13 PM)
This has been asked many times before albeit the official docs saying that. Most malaysians never translate including my colleagues, my cousin etc. all hv no issues hvg it approved. And besides if they really do need translation they will inform u, they wont outright reject u because of this
*
Ok bro, but I’d rather follow what the rules say, just in case you bump into an officer that decides to be difficult. Buat ape cari pasal right?
TSplouffle0789
post Feb 29 2024, 12:45 AM

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QUOTE(CrazyPizza @ Feb 28 2024, 11:02 PM)
Hello, just stumbled upon this thread. I applied march last year going to be 1 year now. Althought applied right after 6 months working here. Most of people i know who are malaysian male, freshgrads, 6 months exp will get exactly around 1 year, my indonesian colleague got it in 3 months.
interesting that many of u guys plan to convert to citizenship, dont think i ever will. KL to me have much better living standards and more things to do than sg. And i dont want to work till 60. I plan to work till 35-40 then retire back in my. U guys plan to work till retirement age?
*
If you have high salary and many cpf or epf or deposit in bank,then can retire at 40.....

Many people retire at 50.......


You have s pass or EP?
hksgmy
post Feb 29 2024, 12:49 AM

Doraemon!
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QUOTE(CrazyPizza @ Feb 28 2024, 11:02 PM)
Hello, just stumbled upon this thread. I applied march last year going to be 1 year now. Althought applied right after 6 months working here. Most of people i know who are malaysian male, freshgrads, 6 months exp will get exactly around 1 year, my indonesian colleague got it in 3 months.
interesting that many of u guys plan to convert to citizenship, dont think i ever will. KL to me have much better living standards and more things to do than sg. And i dont want to work till 60. I plan to work till 35-40 then retire back in my. U guys plan to work till retirement age?
*
The beauty of it is if your income in Singapore is high enough, you have choices to retire at whatever age you wish.
Knnbuccb
post Feb 29 2024, 12:49 AM

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QUOTE(nelson969 @ Feb 28 2024, 11:50 PM)
bro why need say ica have malay worker, u think malay their national langauge meh lmao.
*
newsflash

singapore national language is malay

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