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Calculating Per Capita Income

Calculating Per Capita Income. Eligibility Criteria. Singapore Citizen; Enrolled into RP PFP’s Programme ; Gross monthly household income ≤ $2,500 or Gross monthly household per capita income (PCI) ≤$625. WHAT IS PCI?. Per Capita Income (PCI).

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Calculating Per Capita Income

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  1. Calculating Per Capita Income

  2. Eligibility Criteria • Singapore Citizen; • Enrolled into RP PFP’s Programme; • Gross monthly household income ≤ $2,500 or Gross monthly household per capita income (PCI) ≤$625 WHAT IS PCI?

  3. Per Capita Income (PCI) Total Gross Family Income PCI = ------------------------------------- No. of family members including student $3800 PCI = ---------------- = $542.86 7

  4. Total Gross Family Income Gross Income of the household includes: • Basic Salary + Allowance + Overtime pay before CPF deduction • Annual Wage Supplements & Bonuses – To be divided by 12 months • Other sources of income e.g rent, interests, dividends, alimony • Monthly financial support from divorced/separated parent to support children/household

  5. Total Gross Family Income Does NOTinclude • Payments in kind • Reimbursement for transport and other expenses • National Service (NS) allowance

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