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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. Updates on 1 April 2024.
This calculator has been updated to include rates applicable from January 2024. If you are an employer using CPF EZPay to submit and pay CPF contributions, you do not have to use this tool. CPF EZPay auto-computes employee CPF contributions for you.
Jan 1, 2016 · (a) From 1 January 2025, the CPF contribution rates for employees aged above 55 to 65 will be increased to strengthen their retirement adequacy. The changes apply to wages earned from 1 January 2025: For employees earning monthly wages > $750
Dec 13, 2023 · Find out the current CPF contribution rates applicable to Singapore Citizen and Permanent Residents.
Apr 15, 2024 · Complete Guide To Your CPF Contributions In Singapore (2024): Salary Caps, Contribution Rates And Allocation Rates Here’s how much you are contributing to your CPF accounts, at every income level and age group.
Sep 1, 2010 · Find out about the past CPF contribution and allocation rates. Scheduled Maintenance: CPF digital services will not be available on 23 Jun 2024, from 12am to 5am. A Singapore Government Agency Website
Mar 14, 2024 · CPF contributions are payable when there is an employer-employee relationship, i.e. a contract of service. Employers are required to pay both the employer and employee’s share of CPF contributions every month. They are entitled to recover the employee’s share from the employee’s wages.
Feb 27, 2024 · The CPF contribution rate increase in 2024 is all part of the plan to gradually increase CPF contribution rates for older workers from now till 2030 or so. The goal? Hit a 37% total contribution rate for those aged >55 to 70 years by 2030.
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.
Mar 14, 2024 · 2015 recommendations on enhancements to the CPF system. The Central Provident Fund (CPF) is a mandatory social security savings scheme funded by contributions from employers and employees. Find out about CPF, who is entitled to CPF contributions and what employers need to do.
