Employer contribution rate for 2025 Since the implementation of this increment, the monthly CPF Ordinary Wage ceiling has been raised twice: from SGD6,000 to SGD6,300 on September 1st, 2023, and then to SGD6,800 on January 1st, 2024....
For example: If the employee is in Year 1 of SPR status then the CPF contribution is 5% (Employee) and 17% (Employer) Graduated Employer & Employee (G/G). For Example: If the employee is in Year 1 of SPR status then the CPF contribution is 5% (Employee) and 4% (Employer) Please...
Last post by PNGMK Sat Jun 17, 2023 1:41 am SRS Contribution Impact on PR Chances by raptor_from_vietnam » Mon Sep 11, 2023 9:27 am » in PR, Citizenship, Passes & Visas for Foreigners 3 Replies20751 ViewsLast post by PNGMK Wed Sep 13, 2023 11:52 am ...
I know retirees who pay in $36,000 (or whatever the current contribution limit is) every Jan 1 to take best advantage of the interest rates. They usually top up their medisave account first (as that is tax deductible) to the prevailing limit ($60k) and then their other accounts. I ...