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Chinese Development Assistance Council (CDAC) Fund

All employees belonging to the Chinese Community (Singapore Citizens and Singapore Permanent Residents) may contribute monthly to the CDAC Fund according to the wage levels below:

 
Wage Level
Minimum Monthly Contribution
Less than $2,000
$0.50
$2,000 and above
$1.00
 
The prescribed amount will be automatically deducted from the wages of Chinese employees. If the employees wish to contribute different amount or opt out, they have to obtain the relevant forms from CDAC and submit them to their employers for endorsement before returning them to CDAC.
 Last Updated on: Tuesday, April 01, 2014 at 5:20 PM
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