About 1.75 per cent of active employers fail to make correct CPF contributions promptly each month. (PHOTO: Yahoo News Singapore) SINGAPORE — An average of about 2,800 employers per month – or 1.75 ...

Employees aged 55 and below contribute 20 per cent of their wages to their CPF, while their employers contribute 17 per cent of these employees’ wages. This formula remains unchanged ...

SINGAPORE: Singaporeans and most permanent residents may see a smaller take-home pay from September, with the Central Provident Fund (CPF) monthly salary ceiling rising by S$300 (US$222) to S$6,300.

CPF also ensures that the home ownership rate in Singapore continues to be relatively high, since it can only be used to pay for home purchases and not rent. For salaried employees who are ...

Back to top These are applicable to your employees who are Singapore Citizens/Singapore PRs and earn more than $50 per month.

saves part of their income every month into their CPF account. Employer pays CPF, but the Government also does its part. We run the entire system for CPF, we provide guaranteed risk-free interest ...

SINGAPORE: The Central Provident Fund (CPF) Board announced that since the end of April, it has only been using a single ...

Currently at S$6,000, the ceiling – which sets out the maximum amount of “ordinary wages” on which employee and employer CPF contributions are calculated – will be raised to S$8,000 in ...

The Singapore government has introduced significant changes to the Central Provident Fund (CPF) in 2025 to help Singaporeans manage their finances more effectively. These changes aim to strengthen the ...