인사이트

​The CPF contribution rate booklets can be found here​.

The current CPF contribution rates are shown in the tables below. Tables A1 and A2 show the contribution rates for private sector employees and public sector non-pensionable employees. Tables B1 and B2 show the contribution rates for public sector pensionable employees.

The Government has announced the increase of the CPF contribution rates in the Singapore Budget 2015. This increase will apply to the wages earned from 1 January 2016. To find out more about the changes, please refer to the Singapore Budget 2015 CPF Initiatives.

​​

CPF contributions are allocated first to the employee's Medisave Account, follow by the Special Account. The remainder is then allocated to the Ordinary Account.  Table C1 shows the prevailing allocation rates for private sector employees and public sector non-pensionable employees. Table C2 shows the allocation rates for public sector pensionable employees.​

The CPF contribution rate applicable for your employee depends on his:

• citizenship – Singapore Citizen or SPR in the first and second year or from the third year of obtaining SPR status;
• age group; and
• total wages for the calendar month. 

Unlike contribution rates, the allocation rates applicable for your employee depend on his employee type and age group.

Different CPF contribution and allocation rates are applied on different age groups to ensure the employability of workers and to meet employees' needs at various stages of their lives respectively. See table below for the various age groups.

 
Your employee is considered to be 35, 45, 50, 55, 60 or 65 years old in the month of his 35th, 45th, 50th, 55th, 60th or 65th birthday. The employee will be above 35, 45, 50, 55, 60 or 65 years from the month after the month of his 35th, 45th, 50th, 55th, 60th or 65th birthday.

Example

If your employee's 60th birthday is on 15 January 2016, the CPF contribution and allocation rates for:

• 'Above 55 to 60 years' age group will be applicable up till January 2016; and
• 'Above 60 to 65 years' age group will apply from 1 February 2016 up to his 65th birthday month.

The past CPF contribution and allocation rates prior to 1 January 2016 can be found here.

CPF contributions are payable once your foreign employee obtains SPR status. CPF contributions are payable at lower rates (i.e. graduated employer-graduated employee contribution rates) during the first two years of obtaining SPR status.

From the third year onwards, both you and SPR employee will contribute to CPF at full employer-full employee rates (i.e. rates applicable for a Singapore Citizen employee.)

The first year of obtaining SPR status starts from the date of SPR conversion. This refers to the date indicated on the entry permit (Form 5 or Form 5A) issued by the Immigrations and Checkpoints Authority of Singapore (ICA). It ends on the last day of the month of the first anniversary of SPR conversion. 

The second year of obtaining SPR status starts from the first day of the month after the month of the first anniversary of SPR conversion. It ends on the last day of the month of the second anniversary of SPR conversion.

A SPR employee in his first two years of obtaining SPR status and his employer can jointly apply to CPF Board to contribute to CPF at higher rates:

• Full employer-graduated employee rates; or

• Full employer-full employee rates.

The third year of obtaining SPR status starts from the first day of the month after the month of the second anniversary of SPR conversion.

Example

If your employee obtained his SPR status on 15 January 2015, the start and end dates for first, second and third year of obtaining SPR status are shown in the table below:

1. Download and fill up Form CBD/PR/94A

2. Mail it to:
   CPF Board
   Collection Business Department
   238B Thomson Road
   #08-00 Tower B Novena Square
   Singapore 307685