To qualify for COVID-19 Support Grant (CSG), is the 30% loss of salary before or after CPF deduction?

Also, for the involuntary no-pay leave for at least 3 consecutive months, is it full 3 months (everyday) or can be partial number of days per month no-pay leave? Eg. Does taking 11 days unpaid leave during a month of total 23.5 working days qualify?

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E C

30 May 2020

Answer to your first question (before or after CPF): That would be gross, ie. before CPF.

Your second question: It is for full 3 months, and for the period Mar - May 2020, May - Jul 2020.

If your salary has been affected more than 30% during the month you were placed on unpaid leave, 3 months straight you would qualify.

Source here: https://www.gov.sg/article/financial-support-to...

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I'm a fresh grad, looking to invest 30% of my salary ($1900 after CPF). If I'm considering investing purely into equities (e.g. STI ETF, Robo), what would you recommend my asset allocation to be?

Do you think the Covid-19 Recovery Grant is actually beneficial for workers in lower- to middle-income households who experienced involuntary job loss, involuntary no-pay leave (NPL) or income loss?

I've heard of people complaining that they've seen a lot of paper losses as markets crashed due to COVID-19. Why are current paper losses bad?

When people talk about insurance coverage based on annual salary, does it take into the gross salary or after cpf deduction?

Is it enough to survive with a salary of $2K before CPF deduction, take home is about $1.5K, if it’s enough, please share more on tips of surviving and saving?

I'm a fresh grad, looking to invest 30% of my salary ($1900 after CPF). If I'm considering investing purely into equities (e.g. STI ETF, Robo), what would you recommend my asset allocation to be?