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....
The CPF contribution rates for workers aged above 50 years to 65 years will be increased from 1 January 2015 as shown in Table 1 below. This will be on top of the 1 percentage point increase in MA contribution rates.Table 1: Increase in CPF Contribution Rates for Older Workers* Above 50...
To calculate the amount of CPF contribution, just simply refer to the above table for the contribution rate that you have to pay according to the age group that you fall into, and multiply the percentage with the employees' wage. The amount of CPF contribution is capped at SGD6,000...
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....
Singapore Employer CPF Contribution Rate 2025 Did you know that the Central Provident Fund (CPF) is Singapore's mandatory social security savings scheme? Learn all the essentials now! 管理· February 24, 2025 · 5 分鐘 照片源於 Unsplash (將打開一個新的模態視窗)來自 DISRUPTIVO (將打開一個新...