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 years, the CPF system has served as a robust pillar of the nation’s social security, ensuring financial stability for citizens across crucial life domains. Singapore’s Central Provident Fund (CPF) contribution rates will see targeted increases from January 1, 2024. For those above ...
The contribution rate of employers will vary according to the age of the employee. The CPF Contribution Rates are present in the table below: Employee Age (Years)CPF Contribution Rates (for monthly wages ≥ $750) Employer (% of wage) Employee (% of wage) Total (% of wage) 55 and bel...
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....
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....