For which two of the following monthly relevant incomes is a regular employee's mandatory contribution exactly 5% of that income, counting only the employee's own contribution and not the employer's? (i) $6,800 (ii) $7,100 (iii) $29,000 (iv) $31,000
Answer: (ii) and (iii). These are the statements that fit the stem.(i) False. Below $7,100 the employee contributes nothing.(ii) True. At the minimum level, 5% applies: $355.(iii) True. Between the levels, 5% applies: $1,450.(iv) False. Above $30,000 the contribution is capped at $1,500, less than 5% of $31,000 ($1,550).Why not the others:• (i) and (ii): includes (i), which does not fit.• (i) and (iv): includes (i) and (iv), which do not fit.• (iii) and (iv): includes (iv), which does not fit.Watch out: Treating the $7,100 boundary as excluded.Rule: Exactly 5% applies from $7,100 up to $30,000 inclusive.Source: MPF Study Notes, Tenth Edition (June 2026), 3.7.1(a)(ii); MPFA, Mandatory contributions for employees (last reviewed 30 Apr 2026); as at 31 Oct 2026
Treating the $7,100 boundary as excluded.
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