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National Pension BV change

  • Writer: i-admin Singapore
    i-admin Singapore
  • Jun 25, 2024
  • 1 min read

Maximum and Minimum Base value, each employee’s Base values are changed.

Effective from July 1, 2024


Changed BV are effective from July payroll report.


Rate : 4.5% each for Employee and Employer


Maximum BV : 6,170,000


Minimum BV : 390,000


Please feel free to contact us if you have any questions.


Best regards,

i-Admin Korea Inc.

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