Assumptions
The calculator is designed based on below assumptions
1. Current Age is based on 01/01/YYYY as your date of birth
2. Retirement Age is based on 01/01/YYYY as retirement date
3. Member Contribution is in % insert by user
4. Employer Contribution is in % insert by user
5. Dividend Rate is based on 01/01/YYYY as financial year start date
6. All below value is derived based on 2 decimal points and value will be round up to nearest 0.01
- Salary
- Total Contribution (Year)
- Voluntary Contribution (Year)
- Next Ledger Balance
7. Fund estimated is based on Brunei Dollar currency
8. All below value is derived based on nearest Brunei Dollar
- Employer Contribution
- Member Contribution
Calculator Disclaimer
These online calculators are made available and meant to be used as a screening tool for the member.
The accuracy of these calculations is not guaranteed nor is its applicability to your individual circumstances.
For further information, please contact TAP call center at 2382929.
Calculator Definition
The variables used in our online calculator are defined in detail below, including how to interpret the results.
|
Variable |
Definition |
| Current Age (years) | This is your current age in years |
| Retirement Age (years) | This is your expected retirement age is years |
| Dividend Rate | This is the expected annual dividend rate (%) |
| Gross Salary | This is your monthly gross salary, stated in BND |
| Member Contribution | This is TAP member contribution rate, fixed at 5% monthly |
| Employer Contribution | This is TAP employer contribution rate, fixed at 5% monthly |
| Voluntary Contribution | This is your monthly voluntary contribution, stated in BND |
| Account Balance (as at today) | This is your current balance in TAP account, stated in BND |
| Total Estimate Fund (BND) up to <retirement age> | This is the total estimate fund when you reach the retirement age you specify in calculator, specified in BND |
