The additional wage ceiling will increase CPF contributions, increasing allocation rates for certain age groups. This aims to enhance Singaporean employees' retirement adequacy and financial security. With that said, for 2025, there will also be some changes to the allocation rate and the monthly cei...
This Additional Wage ceiling is applied anew for each new employer in a year. What Is the CPF Contribution Cap for Employees? There is a specific limit to how much a Singaporean can contribute to their CPF accounts each month; that limit is called CPF Wage Ceiling. There are two types of...
The additional wage ceiling will increase CPF contributions, increasing allocation rates for certain age groups. This aims to enhance Singaporean employees' retirement adequacy and financial security. With that said, for 2025, there will also be some changes to the allocation rate and the monthly cei...
The additional wage ceiling will increase CPF contributions, increasing allocation rates for certain age groups. This aims to enhance Singaporean employees' retirement adequacy and financial security. With that said, for 2025, there will also be some changes to the allocation rate and the monthly cei...