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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.
(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
Sep 1, 2010 · How much CPF contributions to pay. Past CPF contribution and allocation rates. Find details of past CPF contribution and allocation rates here. From 1 September 2023 to 31 December 2023. From 1 January 2023 to 31 August 2023. From 1 January 2022 to 31 December 2022. From 1 January 2016 to 31 December 2021. From 1 January 2015 to 31 December 2015.
Jul 1, 2022 · Interest Rate for Retirement Account. The RA interest rate will be maintained at 4% per annum from 1 January 2022 to 31 December 2022, as announced on 27 September 2021. For more information on CPF interest rates and their computation, please visit cpf.gov.sg/CPFInterestRates.
Mar 14, 2024 · 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.
Mar 14, 2024 · At a glance. Members below 55 years old earn up to 5% interest on the first $60,000 of their combined CPF balances. Members aged 55 and above earn up to 6% interest on the first $30,000 of their combined CPF balances, and up to 5% on the next $30,000. What is CPF.
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.
Jan 1, 2022 · Interest Rate for CPF Ordinary Account and HDB Concessionary Interest Rate. The OA interest rate will be maintained at 2.5% per annum from 1 January 2022 to 31 March 2022.
May 29, 2024 · CPF interest rates. Now we come to, perhaps, the most important question you’ve been meaning to ask. How much interest do the CPF accounts — OA, SA, MA and RA — earn? Well, CPF interest rates are a little bit complicated, so we’ll explain the interest
Jun 17, 2024 · Interest rates are reviewed each quarter. As we can see, our Special Account, Retirement Account and MediSave Account are paying above the 4.0% floor interest rate. This is because CPF interest rates are not fixed. According to the CPF Act, there is a formula that governs the calculation of interest returns on our CPF balances.
