For all employees who work in the private sector and non-pensionable employees from the public sector, CPF contribution rates can be calculated according to the table below:
CPF contribution Table for 1st and 2nd year SPR CPF contributions are payable to foreign employees if they obtain Singapore Permanent Residency status. However, unless SPRs have jointly applied to contribute to CPF at the full employer/employee rate from the time they become permanent residents, they will contribute to their CPF fund at lower rates for the first two years after ...
The Singapore government regularly updates the CPF contribution rates, making it important for employees and employers to stay informed about the latest changes. In this article, we’ll break down the CPF contribution table for 2024, explain the limits, and discuss the benefits of CPF contributions in simple terms. What is CPF?
The table below shows the total CPF contribution rates for employees earning above $750, detailing the distribution between employer and employee shares while reflecting the rate increases for 2025 compared to 2024.
CPF contribution rates for senior workers were raised in 2022 and 2023. Following the Singapore Budget for 2023, the government plans to increase contribution rates for employees aged above 55 to 70 further to strengthen their retirement adequacy.
Explore the full details of Singapore CPF Contribution 2025, including employer & employee obligations, rates, and payment methods for compliance.
The tables/images below show Employee and Employer's share of CPF contributions based on wage range, age, and residency status. CPF Contribution Rate Table from 1 January 2025.
The CPF contribution rates are stated as a percentage of wages above $750 per month. ion rates for workers aged above 55 to 70 each year since 1 January 2022. We reached the ed above 55 to 65 will take place on 1 January 2026, as shown in Table 2. The increase in contribution rates will be fully allocated to the CPF Retir
Learn everything about Singapore CPF contribution in 2025. This guide helps employees calculate CPF accurately, understand rates by age, and use CPF for smart investments and retirement planning.
CPF contribution rates Check out our Complete Guide to CPF in Singapore. The CPF contribution rates for employees aged above 55 to 70 have been increased from 1 January 2022. The rates for employees earning monthly wages more than $750 are as of below table:
CPF Employer Contribution Rates: Understand your obligations with our comprehensive guide. Learn about calculation methods, legal requirements, and how to maximize your CPF contributions for your employees.
CPF Estimator This calculator helps you estimate your yearly Central Provident Fund (CPF) contributions based on your monthly salary, age, contribution rates, and annual bonuses.
Read on for the latest updates on CPF contribution rates in Singapore, CPF interest rates, and a guide on how to calculate your contributions!
These rates are also applicable to 1st and 2nd year Singapore Permanent Resident (SPR) employees and their employers after CPF Board approves their joint application to contribute to CPF at full employer- full employee rates.
Contribution rates for both platform workers and platform operators will continue to rise incrementally until 2029, when they will match contribution levels of employees and employers. As CPF savings play an important role in meeting retirement and housing needs, platform workers born before 1995 may also opt in for higher contributions.
