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 disburse. For platform operators, your contribution rate depends on the platform worker’s age, status of opt-in, and earnings...
The response of the government has been to allow the CPF contribution rates of employers to be adjusted and the CPF salary ceiling to be lowered so as to reduce business costs and increase the chances of employment of older workers... Jones...
Announcement Changes Related to Refund of CPF contributions paid in excess of CPF Annual Limit Greetings from i-Admin. As part of CPF effort to streamline processes for employers from February 2024, any CPF contributions paid in excess of the CPF Annual Limit will be refunded a...
Additional Wage Ceiling: It is a CPF contribution cap on additional wage types, like bonuses. The formula for Additional Wage Ceiling:$102,000 – Ordinary Wages, which is subject to CPF for that year. Example: Addie earns = $7,500/month,Annual Bonus = $15,000How the Calculation works:Or...
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 disburse. For platform operators, your contribution rate depends on the platform worker’s age, status of opt-in, and earnings...
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 disburse. For platform operators, your contribution rate depends on the platform worker’s age, status of opt-in, and earnings...