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The employer can stop the CDAC contribution of the employee immediately after the Opt-Out Form is sent out. A copy of the Opt-Out Form should be filed by the employer for record. No acknowledgement will be given by CDAC upon receipt of the Opt-Out Form.
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.
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 will be reflected in the monthly CPF contributions. Instead of manually calculating your CPF contributions every month, you can use SBO’s Free CPF Calculator to calculate both your CPF contribution & statutory donations!
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.
Apr 26, 2024 · CDAC offers programmes and assistance schemes to help the less privileged in the community to maximise their potential and enable social mobility. Contributions for the CDAC Fund are collected from Chinese employees who are Singaporeans and PRs.
Jan 15, 2024 · In this comprehensive article, we will not only provide you with the updated ECF, SINDA, CDAC, and MBMF contribution rates for the year 2024 but also delve deeper into the history and significance of these funds.
Dec 5, 2022 · The CDAC currently supports around 8,000 low-income families and their 16,000 school-going children. On Sunday, it also announced that it will roll out five new programmes to further support ...
若您有其他疑问，可拨打华助会热线6841 4889，或电邮至 cdacfund@cdac.org.sg 查询。
Nov 21, 2016 · Since September 1, 1992, the Central Provident Fund Act mandates working Chinese Singapore Citizens and Permanent Residents to contribute to the CDAC Fund. Employers are responsible for deducting these contributions unless employees opt out voluntarily.
