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CPF new contribution rates from 1 January 2015

Posted by Edgar on December 17, 2014 in Uncategorized

As announced during Budget 2014, CPF contribution rates will be increased to help employees save more for their healthcare and retirement needs. This increase will apply to wages earned from 1 January 2015. Concurrently, the CPF Annual Limit will be raised to $31,450.

The new rates will be computed automatically if you are using CPF e-Submit@web.

For enquiries on CPF contribution matters, please email us at employer@cpf.gov.sg or call us at 1800 227 1188 (Mondays to Fridays, 8.00am to 5.30pm).

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