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Jan 17, 2012 at 12:37 PM

Singapore Payroll - AW Ceilling Limit

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Hi,

Employee Joined January 2012, and got paid AW 100000, OW = 25000 , Total Wages= 125000 in January.

AW is calculating on 20 % of 85000 , Since OW itself crossed annual ceilling of 85000.How system is calculating for AW.

In V_T511k , Constant CPFAW = 1 is maintained.

I have changed the value of this constant to 2 & 3 and checked, still the calculation is same.

Guide me for Understanding.

Thanks in Advance

VSK

Edited by: NEW to ESS on Jan 17, 2012 1:38 PM

Edited by: NEW to ESS on Jan 18, 2012 5:18 AM