If self-employed, only MediSave contributions are mandatory (Only if the annual Net Trade Income is over $6,000) There is a CPF online service that an employee can access with their SingPass ID, clicking on “My Messages” and viewing the category called “Others.” However, voluntary contr...
are met through insurance schemes which cover individuals and benefit their dependents.The government.Subsidies and public assistance are given to the truly needy.The CPF, which is involved in the first three of these four layers, thus enables both members and their families to be self-reliant.
You can only top up via voluntary contributions as an EE to a total of 37740. However your bonuses are not considered ordinary wages and are liable for both EE and ER CPF at the prevailing rate for your age group. You either need to be self employed to beat this cap or come to an ...