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Learn how to deduct CDAC Fund contributions from your employees' wages if they belong to the Chinese community. See the monthly contribution rates based on the employees' total wages and how to pay them to the CPF Board.
CDAC is a non-profit self-help group for the Chinese community in Singapore. It provides funding for various programmes and activities for different races and religions, including Chinese-Indian, Chinese-Eurasian, Chinese-Muslim and more.
The CDAC Fund is used to fund CDAC’s programmes and assistance schemes to help students, workers and families from lower-income groups to overcome their challenges in order to attain social mobility.
- Chinese Development Assistance Council (CDAC) Fund
- Eurasian Community Fund
- Mosque Building and Mendaki Fund
- Singapore Indian Development Association (SINDA) Fund
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The CDAC was jointly set up by the Singapore Chinese Chamber of Commerce and Industry (SCCCI) and the Singapore Federation of Chinese Clan Associations (SFCCA) in 1992. 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 ar...
The Eurasian Community Fund is managed by the Eurasian Association (EA) – which can trace its roots back to 1918. The main objectives of the EA is to look after the interests of all Eurasians in Singapore and promote the economic, social, moral, physical and intellectual advancement of all Eurasian citizens and PRs. ECF contributions are collected ...
As Singapore rapidly urbanised in the early 1970s, a Mosque Building Fund was introduced in 1975 to build mosques in new estates. With the establishment of the MENDAKI Foundation in 1984 to support educational and social programmes, the scheme was expanded into the Mosque Building and Mendaki Fund (MBMF). Since 2009, MBMF’s scope has included suppo...
Established in 1991, SINDA runs a wide array of programmes to uplift the socio-economic status and educational performance of the Indian community in Singapore. SINDA receives SHG contributions from Indian employees who are Singaporeans, PRs and foreign employees on Employment Pass (EP). Indian employees include Bangladeshis, Bengalis, Parsees, Sik...
CDAC is one of the four Self-Help Groups (SHGs) in Singapore that help the less privileged and low-income households. Employees who are Chinese Singaporeans or PRs contribute to CDAC based on their monthly wages and race.
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.
Jun 1, 2024 · CDAC is a self-help group that supports the Chinese community in Singapore. Learn how to calculate and check your CDAC contribution to your CPF account based on your gross wages and the wage tiers.
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.
