Search results
Employees should contribute to the respective SHG funds shown below. Employees who do not wish to contribute or wish to contribute a different amount can contact the respective SHGs for more information. You’re expected to deduct the SHG contributions from your employees' wages.
How will the implementation of the double-barrelled race on the NRIC affect my employee’s contribution of funds to CDAC? For employees with double-barrelled race, the employer can refer to the first component of the double-barrelled race to ascertain which SHG fund your employee should contribute to.
CDAC adopts a consistent approach in alignment with the CPF Board on the types of payment/ remuneration that requires CDAC contribution. Please refer to the CPF Board website for the types of payment/ remuneration to employees that attract payment.
Jun 1, 2024 · The CDAC contribution is a mandatory payment that is deducted from the employee’s CPF contribution. The CDAC contribution is used to support the various programs and initiatives run by the CDAC. How Much To Contribute To CDAC? Here is a table for easy reference. The amount is capped at each wage tier. Note this information is ...
Jan 15, 2024 · Here's the updated guide for ECF/SINDA/CDAC/MBMF Contribution Rates for 2022! These rates are applicable for 2022 until further revision.
Apr 26, 2024 · April 26, 2024. 5 minute read. When employers make CPF contributions for their employees, they are required to make 3 types of payment. They are 1) the employer and employee CPF contributions, 2) the Skills Development Levy (SDL), and 3) the employee contributions to Self-Help Groups (SHGs).
CDAC is a non-profit self-help group for the Chinese community. We offer programmes and assistance schemes to help the less privileged in the community maximise their potential and strive for social mobility through self-help and mutual support. Learn more.
