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CPF Contribution
 

CPF Contribution and Allocation Rates from 1 July 2007
 
CPF Contribution
The key changes to the CPF contribution rates are as follows:
      		•
        Increase in employer CPF contribution rate by 1.5% except for those who are above 35 years old and earning total wages of $1,500 or less per month. Employees who are 35 years and below are eligible for the increase regardless of their income. 1% of the contribution will go into the Ordinary Account and 0.5% will go into the Medisave Account.
         
      		•
        Less than full rates in employer CPF contributions for employees aged above 35 years and earning total wages of $1,500 or less per month. The employer contribution rate will start from 0% at the wage of $50 and gradually increase to the full rate of 14.5% at the wage of $1,500.
         
      		•
        Reduction of employee CPF contribution rate for total wages between $500 and $1,500 per month. The employee CPF contribution rate will start from 0% at the wage of $500 and gradually increase to the full rate of 20% at the wage of $1,500
         
        Information on the CPF contribution and allocation rates for the various sectors of employees are shown in Tables A to J. The information applies to employees with monthly wages of above $1,500. For details on how CPF is paid on wages not exceeding $1,500 for the employees in the private sector, please refer to the CPF contribution rate table. Alternatively, you may refer to the CPF Contribution Rate Booklets.

        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.
         
        For example:
         
        If the employee contributes $100, the ratio of contribution applicable to him is 0.6667 for the Ordinary Account, 0.1449 for the Special Account and 0.1884 for the Medisave Account. His CPF contributions will be allocated as follows:
         
        Employee Age (years) CPF contribution Ordinary Account Special Account Medisave Account
        35 & below $100 $66.67

        ($100 - $18.84 - $14.49)        		 $14.49

        ($100 x 0.1449)        		 $18.84

        ($100 x 0.1884)
         
        Click here for CPF Contribution and Allocation Rates from 1 January 2006 to 30 June 2007.
         
        TABLE A
        For (1) Private Sector Employees
          (2) Government Non-Pensionable Employees
          (3) Non-Pensionable Employees in Statutory Bodies & Aided Schools
          (4) Singapore Permanent Resident (SPR) employees from their 3rd year onwards
         
        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 20 34.5 0.6667 0.1449 0.1884
        Above
        35 - 45        		 14.5 20 34.5 0.6088 0.1739 0.2173
        Above
        45 - 50        		 14.5 20 34.5 0.5509 0.2028 0.2463
        Above
        50 - 55        		 10.5 18 28.5 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
                     
        TABLE B
        For (1) Government Pensionable Employees
          (2) Pensionable Employees in 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 10.875 15 25.875 0.6667 0.1449 0.1884
        Above
        35 - 45        		 10.875 15 25.875 0.6088 0.1739 0.2173
        Above
        45 - 50        		 10.875 15 25.875 0.5509 0.2028 0.2463
        Above
        50 - 55        		 7.875 13.5 21.375 0.4562 0.2456 0.2982
        Above
        55 - 60        		 5.625 9.375 15 0.575 0 0.425
        Above
        60 - 65        		 3.75 5.625 9.375 0.32 0 0.68
        Above 65 3.75 3.75 7.5 0.1 0 0.9
         
        TABLE C
        For 1st Year Singapore Permanent Resident (SPR)
          (1) Private Sector employees
          (2) Non-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 4 5 9 0.6667 0.1449 0.1884
        Above
        35 - 45        		 4 5 9 0.6088 0.1739 0.2173
        Above
        45 - 50        		 4 5 9 0.5509 0.2028 0.2463
        Above
        50 - 55        		 4 5 9 0.4562 0.2456 0.2982
        Above
        55 - 60        		 4 5 9 0.575 0 0.425
        Above
        60 - 65        		 3.5 5 8.5 0.28 0 0.72
        Above 65 3.5 5 8.5 0.1 0 0.9
         
        TABLE D
        For 2nd Year Singapore Permanent Resident (SPR)
          (1) Private Sector employees
          (2) Non-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 9 15 24 0.6667 0.1449 0.1884
        Above
        35 - 45        		 9 15 24 0.6088 0.1739 0.2173
        Above
        45 - 50        		 9 15 24 0.5509 0.2028 0.2463
        Above
        50 - 55        		 9 15 24 0.4562 0.2456 0.2982
        Above
        55 - 60        		 6 12.5 18.5 0.575 0 0.425
        Above
        60 - 65        		 3.5 7.5 11 0.28 0 0.72
        Above 65 3.5 5 8.5 0.1 0 0.9
         
        TABLE E
        For 1st Year Singapore Permanent Residents (SPRs) who are Government Pensionable Employees working in the Ministries
        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 10.875 3.75 14.625 0.6667 0.1449 0.1884
        Above
        35 - 45        		 10.875 3.75 14.625 0.6088 0.1739 0.2173
        Above
        45 - 50        		 10.875 3.75 14.625 0.5509 0.2028 0.2463
        Above
        50 - 55        		 7.875 3.75 11.625 0.4562 0.2456 0.2982
        Above
        55 - 60        		 5.625 3.75 9.375 0.575 0 0.425
        Above
        60 - 65        		 3.75 3.75 7.5 0.32 0 0.68
        Above 65 3.75 3.75 7.5 0.1 0 0.9
         
        TABLE F
        For 2nd Year Singapore Permanent Residents (SPRs) who are Government Pensionable Employees working in the Ministries
        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 10.875 11.25 22.125 0.6667 0.1449 0.1884
        Above
        35 - 45        		 10.875 11.25 22.125 0.6088 0.1739 0.2173
        Above
        45 - 50        		 10.875 11.25 22.125 0.5509 0.2028 0.2463
        Above
        50 - 55        		 7.875 11.25 19.125 0.4562 0.2456 0.2982
        Above
        55 - 60        		 5.625 9.375 15 0.575 0 0.425
        Above
        60 - 65        		 3.75 5.625 9.375 0.32 0 0.68
        Above 65 3.75 3.75 7.5 0.1 0 0.9
         
        TABLE G
        For 1st Year Singapore Permanent Residents (SPRs) who are Government Non-Pensionable Employees working in the Ministries
        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 5 19.5 0.6667 0.1449 0.1884
        Above
        35 - 45        		 14.5 5 19.5 0.6088 0.1739 0.2173
        Above
        45 - 50        		 14.5 5 19.5 0.5509 0.2028 0.2463
        Above
        50 - 55        		 10.5 5 15.5 0.4562 0.2456 0.2982
        Above
        55 - 60        		 7.5 5 12.5 0.575 0 0.425
        Above
        60 - 65        		 5 5 10 0.28 0 0.72
        Above 65 5 5 10 0.1 0 0.9
         
        TABLE H
        For 2nd Year Singapore Permanent Residents (SPRs) who are Government Non-Pensionable Employees working in the Ministries
        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
         
        TABLE I
        For 1st 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 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
         
        TABLE J
        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
         
        Notes
        (1) Maximum contribution for the private sector is calculated based on a salary ceiling of $4,500 for both the employer and the employee.
         
        (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.
         
        (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.
         

        Click here for CPF Contribution and Allocation Rates
        From 1 January 2006 to 30 June 2007

        Click here for CPF Contribution and Allocation Rates
        From 1 January 2005 to 31 December 2005

        Click here for CPF Contribution and Allocation Rates
        From 1 January 2004 to 31 December 2004

        Click here for CPF Contribution and Allocation Rates
        From 1 October 2003 to 31 December 2003

        Click here for CPF Contribution and Allocation Rates
        From 1 October 2002 to 30 September 2003

        Click here for CPF Contribution and Allocation Rates
        From 1 January 2001 to 30 September 2002

        Click here for CPF Contribution and Allocation Rates
        from 1 April 2000 to 31 December 2000

         Click here for CPF Contribution and Allocation Rates
        from 1 January 1999 to 31 March 2000

        For details on CPF contribution rates by employee's wages,
        please click here

         
        If you have further enquiries on CPF contribution rates, please call 1800-227 1188 or e-mail to Employer-accounts@cpf.gov.sg.

         Last Updated on: Thursday, August 28, 2008 at 9:10 PM
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