Above 70 7.5 5 12.5 Since it may be difficult to manually calculate the CPF contributions of employees who vary in age and have different monthly salaries, the CPF Board has created an online CPF contribution calculator. All you have to do is key in the necessary information, such as each...
SGD 500 – SGD 750 7.5% 0.15 (TW - $500) SGD 750 & above 7.5% (Max. of SGD 555) 5% Max. of SGD 1,110) If you'd like to get a head start and compute your employer's shares, you can use CPF contribution calculator to figure out how much CPF contributions you are to disb...
Above 35 to 45 37 21 7 9 Above 45 to 50 37 19 8 10 Above 50 to 55 37 15 11.5 10.5 Age 55 to 65 When approaching the latter part of an employee's life, the percentage of wages received in CPF contribution would be reduced from 37% to 16.5%, with 9% of the contribution coming...
For platform operators, your contribution rate depends on the platform worker’s age, status of opt-in, and earnings. You may use platform workers CPF Contribution Calculator. FAQs What is the meaning of full retirement sum? The meaning of full retirement sum is the amount individuals need to...
SGD 500 – SGD 750 7.5% 0.15 (TW - $500) SGD 750 & above 7.5% (Max. of SGD 555) 5% Max. of SGD 1,110) If you'd like to get a head start and compute your employer's shares, you can use CPF contribution calculator to figure out how much CPF contributions you are to disb...