Retirement Borrowing Calculator
Calculate the estimated total borrowing amount based on the daily earnings for scenarios like birth, military service, and overseas borrowing.
Source / method note
This calculation is based on the formula: days to be borrowed × daily earnings subject to premium × selected premium rate. Since daily earning and rate values depend on legislation/period changes, they are kept editable by the user.
Legal / official rate note
This tool makes an estimated calculation for informational purposes. For retirement, SGK borrowing, entitlement, application, and payment amounts, SGK records, application date, and current legislation should be taken as the basis.
