claude balls | Saturday, May 18, 2013 - 12:41 pm Hi All, Does anyone know how much a country's private investment fund contributes to workers income? If it says profit per worker is 1, am I right in thinking this is 1SC$ earned for every worker for that month? The profit being the interest earned on the cash held in the fund (at a pitiful rate of 0.0003% (can this be right? which by my calculations i am not even receiving, more like 0.00002%) divided by the number of workers. |
Scarlet | Saturday, May 18, 2013 - 04:01 pm Bingo... the interest rate used to be higher, but they nerfed the IF several months ago. The profit on interest is added to the total income of all workers which you receive a portion of in the form of education/health contributions and income taxes (which basically adds up to like 50% of the IF profit each month added to income). |
claude balls | Saturday, May 18, 2013 - 05:44 pm how disappointing... thanks for the explanation Scarlet. |