How is my past average gross monthly income calculated?
Your past average gross monthly income comprises your basic salary and additional allowances such as overtime pay, commissions and bonuses you have earned over the last 12 months. The total amount is then divided across the months that you were in employment and drawing an income.
Related questions
Will I receive the full payout amount every month? / Why did I receive less payout than what I was shown on the website?
How much can I receive from the scheme?
What does the criterion of having worked at least 6 months in the past 12 months mean?
I was retrenched after I came back from long leave (e.g. maternity or study leave). Will the period of absence be considered as having worked, for the purpose of meeting the criterion of having been employed for at least 6 months in the last 12 months?
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