Some companies when you reach 60, they will cut your salary by e.g. 10% and that is on top of your CPF Employer's contribution rate cut.
So when you plan for your long term housing loan, have you considered these?
Wednesday, 5 August 2009
When you reached 50 years old ....
When you are reaching 50s you are going to earn less as your CPF Employer's contribution is going to be cut.
Some companies when you reach 60, they will cut your salary by e.g. 10% and that is on top of your CPF Employer's contribution rate cut.
So when you plan for your long term housing loan, have you considered these?
Some companies when you reach 60, they will cut your salary by e.g. 10% and that is on top of your CPF Employer's contribution rate cut.
So when you plan for your long term housing loan, have you considered these?