viveknag wrote: ↑Mon, 23 Mar 2020 3:37 amHello everyone,
Need your expert advise - thanks for taking time reading the below questions.
1. I live in US and going to apply PEP and expecting PEP IPA to come in June sometime.
2. If i collect my PEP in june and find a job in 2 months, say I get a job in August 2020 with average salary of 12-15k per month. My PEP singapore salary is only 15X4 = 60K SGD only
3. How do I declare my year end salary to Singapore MOM .
Can I show my US salary for the first 6 months + last 4 months Singapore Salary to cover 144K salary requirement for PEP ? I could not see any link in MOM to get the details.
Thanks for your advise
As long as you earn 7 months * 12K for the calendar year it should be Ok. But please write in to MOM to get it confirmed.
This is NOT correct. From the MoM website:singaporeflyer wrote: ↑Sun, 22 Aug 2021 12:42 pmAs long as you earn 7 months * 12K for the calendar year it should be Ok. But please write in to MOM to get it confirmed.
If someone gets his PEP issued on 1 Dec and if he is new to SG, not reasonable for him to earn 144K in 1 month?Myasis Dragon wrote: ↑Mon, 23 Aug 2021 1:23 amThis is NOT correct. From the MoM website:singaporeflyer wrote: ↑Sun, 22 Aug 2021 12:42 pmAs long as you earn 7 months * 12K for the calendar year it should be Ok. But please write in to MOM to get it confirmed.
Requirements of the pass
To keep holding a PEP, you must:
https://www.mom.gov.sg/passes-and-permi ... quirements
- Earn a fixed salary of at least $144,000 per calendar year, regardless of the number of months you are in employment.
Now maybe this is applicable to someone who has become unemployed in a calendar year but it doesn't say that.
I would not call. I would email. You get better answers, and you start a permanent chain that can be used for clarifications. You also usually get the name of the person giving the answer.
Thank you, it is very clearsundaymorningstaple wrote:The OP's PEP is new. It's the 1st partial year. We went through this a couple of years ago when it was new. If a new PEP it would be # months times 12K/month as SF mentioned. However after that initial year, it's 144K/pa regardless of how many months you do or do not work. So if you only worked the last 6 month of subsequent years then you basic salary would need to be 24K/mo in order to meet the minimum annual requirement (PEP being held for 12 months).
Yes, it is common sense but I come from a country where Officials use to play with you when the rules are not written black and white.sundaymorningstaple wrote: That is exactly the same that I used all those years ago. Simple common sense.
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