| | Singapore Central Provident Fund (CPF) Contribution Rates |
| Singapore Central Provident Fund (CPF) Contribution Rates
|
Allocation of CPF Contributions
The CPF contributions are allocated to the Ordinary, Special and Medisave Accounts based on the ratio of contributions shown in Tables A to J. Contributions are first allocated to the Medisave Account, followed by the Special Account. The balance is then allocated to the Ordinary Account.
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Employee Age (years)
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CPF contribution
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Ordinary Account
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Special Account
|
Medisave Account
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35 & below
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$100
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$66.67
($100 - $18.84 - $14.49)
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$14.49
($100 x 0.1449)
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$18.84
($100 x 0.1884)
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TABLE A
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For
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(1)
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Private Sector Employees
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(2)
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Government Non-Pensionable Employees
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(3)
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Non-Pensionable Employees in Statutory Bodies & Aided Schools
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(4)
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Singapore Permanent Resident (SPR) employees from their 3rd year onwards
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Employee Age
(years)
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Contribution By Employer
(% of wage)
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Contribution By Employee
(% of wage)
|
Total Contribution
(% of wage)
|
Credited Into
|
|
Ordinary Account
(Ratio of Con)
|
Special Account
(Ratio of Con)
|
Medisave Account
(Ratio of Con)
|
|
35 & below
|
14.5
|
20
|
34.5
|
0.6667
|
0.1449
|
0.1884
|
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Above
35 - 45
|
14.5
|
20
|
34.5
|
0.6088
|
0.1739
|
0.2173
|
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Above
45 - 50
|
14.5
|
20
|
34.5
|
0.5509
|
0.2028
|
0.2463
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Above
50 - 55
|
10.5
|
18
|
28.5
|
0.4562
|
0.2456
|
0.2982
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Above
55 - 60
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7.5
|
12.5
|
20
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0.575
|
0
|
0.425
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Above
60 - 65
|
5
|
7.5
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12.5
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0.28
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0
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0.72
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Above 65
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5
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5
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10
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0.1
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0
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0.9
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TABLE B
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For
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(1)
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Government Pensionable Employees
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(2)
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Pensionable Employees in Statutory Bodies & Aided Schools
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Employee Age
(years)
|
Contribution By Employer
(% of wage)
|
Contribution By Employee
(% of wage)
|
Total Contribution
(% of wage)
|
Credited Into
|
|
Ordinary Account
(Ratio of Con)
|
Special Account
(Ratio of Con)
|
Medisave Account
(Ratio of Con)
|
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35 & below
|
10.875
|
15
|
25.875
|
0.6667
|
0.1449
|
0.1884
|
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Above
35 - 45
|
10.875
|
15
|
25.875
|
0.6088
|
0.1739
|
0.2173
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Above
45 - 50
|
10.875
|
15
|
25.875
|
0.5509
|
0.2028
|
0.2463
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Above
50 - 55
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7.875
|
13.5
|
21.375
|
0.4562
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0.2456
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0.2982
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Above
55 - 60
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5.625
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9.375
|
15
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0.575
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0
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0.425
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Above
60 - 65
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3.75
|
5.625
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9.375
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0.32
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0
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0.68
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Above 65
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3.75
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3.75
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7.5
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0.1
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0
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0.9
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TABLE C
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For 1st Year Singapore Permanent Resident (SPR)
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(1)
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Private Sector employees
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(2)
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Non-Pensionable Employees working in the Statutory Bodies & Aided Schools
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Employee Age
(years)
|
Contribution By Employer
(% of wage)
|
Contribution By Employee
(% of wage)
|
Total Contribution
(% of wage)
|
Credited Into
|
|
Ordinary Account
(Ratio of Con)
|
Special Account
(Ratio of Con)
|
Medisave Account
(Ratio of Con)
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35 & below
|
4
|
5
|
9
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0.6667
|
0.1449
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0.1884
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Above
35 - 45
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4
|
5
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9
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0.6088
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0.1739
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0.2173
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Above
45 - 50
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4
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5
|
9
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0.5509
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0.2028
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0.2463
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Above
50 - 55
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4
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5
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9
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0.4562
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0.2456
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0.2982
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Above
55 - 60
|
4
|
5
|
9
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0.575
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0
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0.425
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Above
60 - 65
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3.5
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5
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8.5
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0.28
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0
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0.72
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Above 65
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3.5
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5
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8.5
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0.1
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0
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0.9
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TABLE D
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For 2nd Year Singapore Permanent Resident (SPR)
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(1)
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Private Sector employees
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(2)
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Non-Pensionable Employees working in the Statutory Bodies & Aided Schools
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|
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| |
|
Employee Age
(years)
|
Contribution By Employer
(% of wage)
|
Contribution By Employee
(% of wage)
|
Total Contribution
(% of wage)
|
Credited Into
|
|
Ordinary Account
(Ratio of Con)
|
Special Account
(Ratio of Con)
|
Medisave Account
(Ratio of Con)
|
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35 & below
|
9
|
15
|
24
|
0.6667
|
0.1449
|
0.1884
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Above
35 - 45
|
9
|
15
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24
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0.6088
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0.1739
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0.2173
|
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Above
45 - 50
|
9
|
15
|
24
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0.5509
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0.2028
|
0.2463
|
|
Above
50 - 55
|
9
|
15
|
24
|
0.4562
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0.2456
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0.2982
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Above
55 - 60
|
6
|
12.5
|
18.5
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0.575
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0
|
0.425
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Above
60 - 65
|
3.5
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7.5
|
11
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0.28
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0
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0.72
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Above 65
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3.5
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5
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8.5
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0.1
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0
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0.9
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TABLE E
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For 1st Year Singapore Permanent Residents (SPRs) who are Government Pensionable Employees working in the Ministries
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| |
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Employee Age
(years)
|
Contribution By Employer
(% of wage)
|
Contribution By Employee
(% of wage)
|
Total Contribution
(% of wage)
|
Credited Into
|
|
Ordinary Account
(Ratio of Con)
|
Special Account
(Ratio of Con)
|
Medisave Account
(Ratio of Con)
|
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35 & below
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10.875
|
3.75
|
14.625
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0.6667
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0.1449
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0.1884
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Above
35 - 45
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10.875
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3.75
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14.625
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0.6088
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0.1739
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0.2173
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Above
45 - 50
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10.875
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3.75
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14.625
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0.5509
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0.2028
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0.2463
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Above
50 - 55
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7.875
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3.75
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11.625
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0.4562
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0.2456
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0.2982
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Above
55 - 60
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5.625
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3.75
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9.375
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0.575
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0
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0.425
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Above
60 - 65
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3.75
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3.75
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7.5
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0.32
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0
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0.68
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Above 65
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3.75
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3.75
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7.5
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0.1
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0
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0.9
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TABLE F
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For 2nd Year Singapore Permanent Residents (SPRs) who are Government Pensionable Employees working in the Ministries
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Employee Age
(years)
|
Contribution By Employer
(% of wage)
|
Contribution By Employee
(% of wage)
|
Total Contribution
(% of wage)
|
Credited Into
|
|
Ordinary Account
(Ratio of Con)
|
Special Account
(Ratio of Con)
|
Medisave Account
(Ratio of Con)
|
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35 & below
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10.875
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11.25
|
22.125
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0.6667
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0.1449
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0.1884
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Above
35 - 45
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10.875
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11.25
|
22.125
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0.6088
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0.1739
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0.2173
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Above
45 - 50
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10.875
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11.25
|
22.125
|
0.5509
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0.2028
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0.2463
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Above
50 - 55
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7.875
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11.25
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19.125
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0.4562
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0.2456
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0.2982
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Above
55 - 60
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5.625
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9.375
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15
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0.575
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0
|
0.425
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Above
60 - 65
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3.75
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5.625
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9.375
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0.32
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0
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0.68
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Above 65
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3.75
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3.75
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7.5
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0.1
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0
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0.9
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TABLE G
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For 1st Year Singapore Permanent Residents (SPRs) who are Government Non-Pensionable Employees working in the Ministries
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| |
|
Employee Age
(years)
|
Contribution By Employer
(% of wage)
|
Contribution By Employee
(% of wage)
|
Total Contribution
(% of wage)
|
Credited Into
|
|
Ordinary Account
(Ratio of Con)
|
Special Account
(Ratio of Con)
|
Medisave Account
(Ratio of Con)
|
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35 & below
|
14.5
|
5
|
19.5
|
0.6667
|
0.1449
|
0.1884
|
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Above
35 - 45
|
14.5
|
5
|
19.5
|
0.6088
|
0.1739
|
0.2173
|
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Above
45 - 50
|
14.5
|
5
|
19.5
|
0.5509
|
0.2028
|
0.2463
|
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Above
50 - 55
|
10.5
|
5
|
15.5
|
0.4562
|
0.2456
|
0.2982
|
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Above
55 - 60
|
7.5
|
5
|
12.5
|
0.575
|
0
|
0.425
|
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Above
60 - 65
|
5
|
5
|
10
|
0.28
|
0
|
0.72
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Above 65
|
5
|
5
|
10
|
0.1
|
0
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0.9
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TABLE H
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For 2nd Year Singapore Permanent Residents (SPRs) who are Government Non-Pensionable Employees working in the Ministries
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| |
|
Employee Age
(years)
|
Contribution By Employer
(% of wage)
|
Contribution By Employee
(% of wage)
|
Total Contribution
(% of wage)
|
Credited Into
|
|
Ordinary Account
(Ratio of Con)
|
Special Account
(Ratio of Con)
|
Medisave Account
(Ratio of Con)
|
|
35 & below
|
14.5
|
15
|
29.5
|
0.6667
|
0.1449
|
0.1884
|
|
Above
35 - 45
|
14.5
|
15
|
29.5
|
0.6088
|
0.1739
|
0.2173
|
|
Above
45 - 50
|
14.5
|
15
|
29.5
|
0.5509
|
0.2028
|
0.2463
|
|
Above
50 - 55
|
10.5
|
15
|
25.5
|
0.4562
|
0.2456
|
0.2982
|
|
Above
55 - 60
|
7.5
|
12.5
|
20
|
0.575
|
0
|
0.425
|
|
Above
60 - 65
|
5
|
7.5
|
12.5
|
0.28
|
0
|
0.72
|
|
Above 65
|
5
|
5
|
10
|
0.1
|
0
|
0.9
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TABLE I
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For 1st Year Singapore Permanent Residents (SPRs) who are Pensionable Employees working in the Statutory Bodies & Aided Schools
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| |
|
Employee Age
(years)
|
Contribution By Employer
(% of wage)
|
Contribution By Employee
(% of wage)
|
Total Contribution
(% of wage)
|
Credited Into
|
|
Ordinary Account
(Ratio of Con)
|
Special Account
(Ratio of Con)
|
Medisave Account
(Ratio of Con)
|
|
35 & below
|
3
|
3.75
|
6.75
|
0.6667
|
0.1449
|
0.1884
|
|
Above
35 - 45
|
3
|
3.75
|
6.75
|
0.6088
|
0.1739
|
0.2173
|
|
Above
45 - 50
|
3
|
3.75
|
6.75
|
0.5509
|
0.2028
|
0.2463
|
|
Above
50 - 55
|
3
|
3.75
|
6.75
|
0.4562
|
0.2456
|
0.2982
|
|
Above
55 - 60
|
3
|
3.75
|
6.75
|
0.575
|
0
|
0.425
|
|
Above
60 - 65
|
2.625
|
3.75
|
6.375
|
0.32
|
0
|
0.68
|
|
Above 65
|
2.625
|
3.75
|
6.375
|
0.1
|
0
|
0.9
| |
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TABLE J
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For 2nd Year Singapore Permanent Residents (SPRs) who are Pensionable Employees working in the Statutory Bodies & Aided Schools
| |
| |
|
Employee Age
(years)
|
Contribution By Employer
(% of wage)
|
Contribution By Employee
(% of wage)
|
Total Contribution
(% of wage)
|
Credited Into
|
|
Ordinary Account
(Ratio of Con)
|
Special Account
(Ratio of Con)
|
Medisave Account
(Ratio of Con)
|
|
35 & below
|
6.75
|
11.25
|
18
|
0.6667
|
0.1449
|
0.1884
|
|
Above
35 - 45
|
6.75
|
11.25
|
18
|
0.6088
|
0.1739
|
0.2173
|
|
Above
45 - 50
|
6.75
|
11.25
|
18
|
0.5509
|
0.2028
|
0.2463
|
|
Above
50 - 55
|
6.75
|
11.25
|
18
|
0.4562
|
0.2456
|
0.2982
|
|
Above
55 - 60
|
4.5
|
9.375
|
13.875
|
0.575
|
0
|
0.425
|
|
Above
60 - 65
|
2.625
|
5.625
|
8.25
|
0.32
|
0
|
0.68
|
|
Above 65
|
2.625
|
3.75
|
6.375
|
0.1
|
0
|
0.9
| |
| |
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Notes
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(1)
|
Maximum contribution for the private sector is calculated based on a salary ceiling of $4,500 for both the employer and the employee.
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(2)
|
Maximum contribution for Non-Pensionable Employees in Government Ministries and Statutory Bodies & Aided Schools are calculated based on a salary ceiling of $4,500 for both the employer and the employee.
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(3)
|
Maximum contribution for Pensionable Employees in Government Ministries and Statutory Bodies & Aided Schools groups are calculated based on a salary ceiling of $6,000 for both the employer and the employee.
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