Therefore only the initial $6000 of the monthly salary is subject to CPF contributions, which means the employer does not need to contribute to the CPF account if the employee earns above $6000. Additional Wage Ceiling: It is a CPF contribution cap on additional wage types, like bonuses. The...
Current contribution limits: CPF: $37,740 SRS (SC/PC) $15,300 (None SC/PR) $35,700 For tax deductions keep an eye on the overall cap of $80,000 (Which I think is BS). The new 2023 CPF retirement limit for ERS is probably going to be $298,200 (more BS). I not lawyer/teac...