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Jan 1, 2024 · CPF contributions are payable to employees who are Singapore Citizens and Singapore Permanent Residents (SPRs) at current CPF contribution rates. Learn how to calculate the amount of CPF contributions you need to pay.
Manage your employees’ CPF contribution matters and learn more about your obligations as an employer.
CPF Contribution Changes from 1 January 2025. 1. Increase in CPF Ordinary Wage ceiling from 1 January 2025. (a) The CPF Ordinary Wage (OW) ceiling limits the amount of OW that attract CPF contributions in a calendar month for all employees. The OW ceiling will be raised to $8,000 by 2026.
Apr 15, 2024 · Here’s how much you are contributing to your CPF accounts, at every income level and age group. Our CPF is a mandatory savings scheme that forces us to save a portion of our salary to pay for important expenses in our lives, including buying a home, medical treatments and a basic retirement when the time comes.
Mar 14, 2024 · CPF contributions are payable for Singapore citizens (SCs) and Singapore permanent residents (SPRs) who are: Working in Singapore under a contract of service . Employed under a permanent, part-time or casual basis.
Scheduled Maintenance: CPF digital services will not be available on 7 Jul 2024, from 12am to 8am. ... Contribution history . Transaction history . Year-in-Review.
Mar 14, 2024 · As an employer, you are required to make CPF contributions at the monthly rates stated in the CPF Act. You can recover your employee's share of the contribution by deducting it from their wages. You are using a version of browser which will not be supported after 27 May 2018.
