Search results
The CPF Board collects SHG contributions on behalf of the SHGs. You’re expected to deduct SHG contributions from your employees’ wages. Chinese Development Assistance Council (CDAC) Fund. The fund is administered by CDAC. Eurasian Community Fund (ECF) The fund is administered by the Eurasian Association (EA).
The Chinese Development Assistance Council (CDAC) is a self-help group (SHG) serving underprivileged individuals and families in the Chinese community. From 1 September 1992, all working Chinese Singapore Citizens and Permanent Residents contribute monthly to the CDAC Fund in accordance to their wage levels.
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.
Sep 12, 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.
CDAC offers 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. In 2023, CDAC supported 15,300 households through various programmes for students, workers, seniors and families.
