Search results
Table 1CPF Contribution Rate Table from 1 January 2024 for Singapore Citizens or Singapore Permanent Residents (3rd year. bution:Compute the total CPF contribution (rounded to the nearest dollar), i.e., to be rounded down for an amount less than 50 cents and rounded up for an amount of 50 cents an.
Jan 1, 2024 · Learn how to calculate the amount of CPF contributions you need to pay for your employees who are Singapore Citizens and Singapore Permanent Residents. Find the current contribution rates, wage ceilings, and resources for different age groups and wage bands.
CPF Contribution Rate Table from 1 January 2024 for Singapore Permanent Residents (SPR) during 1 st year of SPR status under Graduated contribution rates (G/G)
Jan 1, 2016 · Learn about the increase in CPF Ordinary Wage ceiling and contribution rates for employees aged above 55 to 65 from 2023 to 2026. Download the complete CPF contribution rate tables from 1 January 2025 (PDF, 0.17 MB) for more details.
Sep 1, 2023 · Increase in CPF Contribution Rates from 1 January 2024 CPF contribution rates for senior workers were raised in 2022 and 2023. Following the Singapore Budget for 2023, the government plans to increase contribution rates for employees aged above 55 to 70 further to strengthen their retirement adequacy.
Jan 1, 2024 · The changes in CPF contribution rates for Singapore Citizens and Singapore Permanent Residents (from third year and onwards) took effect from 1 January 2024. There is no change to the CPF contribution rates for other age groups. Find out more about the revised CPF contribution rates. This information provided here is sourced from the CPF website.
The changes to the CPF contribution rates from 1 January 2024 are shown below: For employees earning monthly wages exceeding $750. (a) The increase in the CPF contribution rates is fully allocated to the Special Account to help senior workers save more for retirement.
