To keep holding onto a PEP, you must earn the following salary per calendar year:
I applied for a PEP |
Required fixed salary per calendar year of at least
|
Before 1 September 2023 |
$144,000 |
After 1 September 2023 |
$270,000 |
PEP holders are expected to declare their current year's annual fixed salary to MOM by 31 January of the following year.