CPF Contribution and Allocation Rates
On 1 January 2005, the CPF salary ceiling for the workers in the private sector was lowered from $5,500 to $5,000. At the same time, CPF employer and employee contribution rates for older workers aged 50 – 55 was also reduced from 33% to 30%.The CPF salary ceilings and contribution rates for older workers aged 50 – 55 for officers in the public sector were reduced proportionately as well. The information below applies to employees with monthly wages above $750. For details on how CPF is paid on wages below $750 for the workers in the private sector, please refer to the CPF Contribution Rate Booklets.
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 % Special Account % Medisave Account % 35 & below 13 20 33 22 5 6 Above 35 - 45 13 20 33 20 6 7 Above 45 - 50 13 20 33 18 7 8 Above 50 - 55 11 19 30 15 7 8 Above 55 - 60 6 12.5 18.5 10.5 0 8 Above 60 - 65 3.5 7.5 11 2.5 0 8.5 Above 65 3.5 5 8.5 0 0 8.5
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 % Special Account % Medisave Account % 35 & below 9.75 15 24.75 16.5 3.75 4.5 Above 35 - 45 9.75 15 24.75 15 4.5 5.25 Above 45 - 50 9.75 15 24.75 13.5 5.25 6 Above 50 - 55 8.25 14.25 22.5 11.25 5.25 6 Above 55 - 60 4.5 9.375 13.875 7.875 0 6 Above 60 - 65 2.625 5.625 8.25 2.25 0 6 Above 65 2.625 3.75 6.375 0 0 6.375
TABLE C For Singapore Permanent Resident (SPR) employees in the Private Sector
Age of Employee Year of Acquiring PR Status 1st 2nd Employer Share (% of wage) Employee Share (% of wage) Employer Share (% of wage) Employee Share (% of wage) 50 and Below 4 5 9 15 Above 50 - 55 4 5 9 15 Above 55 - 60 4 5 6 12.5 Above 60 - 65 3.5 5 3.5 7.5 Above 65 3.5 5 3.5 5
Note: For employer and SPRs who want to contribute more, please click here.
TABLE D For Singapore Permanent Residents (SPRs) who are Government Non-Pensionable Employees working in the Ministries
Age of Employee Year of Acquiring PR Status 1st 2nd Employer Share (% of wage) Employee Share (% of wage) Employer Share (% of wage) Employee Share (% of wage) 50 and Below 13 5 13 15 Above 50 - 55 11 5 11 15 Above 55 - 60 6 5 6 12.5 Above 60 - 65 3.5 5 3.5 7.5 Above 65 3.5 5 3.5 5
TABLE E For Singapore Permanent Residents (SPRs) who are Government Pensionable Employees working in the Ministries
Age of Employee Year of Acquiring PR Status 1st 2nd Employer Share (% of wage) Employee Share (% of wage) Employer Share (% of wage) Employee Share (% of wage) 50 and Below 9.75 3.75 9.75 11.25 Above 50 - 55 8.25 3.75 8.25 11.25 Above 55 - 60 4.5 3.75 4.5 9.375 Above 60 - 65 2.625 3.75 2.625 5.625 Above 65 2.625 3.75 2.625 3.75
TABLE F For Singapore Permanent Residents (SPRs) who are Non-Pensionable Employees working in the Statutory Bodies & Aided Schools
Age of Employee Year of Acquiring PR Status 1st 2nd Employer Share (% of wage) Employee Share (% of wage) Employer Share (% of wage) Employee Share (% of wage) 50 and Below 4 5 9 15 Above 50 - 55 4 5 9 15 Above 55 - 60 4 5 6 12.5 Above 60 - 65 3.5 5 3.5 7.5 Above 65 3.5 5 3.5 5
TABLE G For Singapore Permanent Residents (SPRs) who are Pensionable Employees working in the Statutory Bodies & Aided Schools
Age of Employee Year of Acquiring PR Status 1st 2nd Employer Share (% of wage) Employee Share (% of wage) Employer Share (% of wage) Employee Share (% of wage) 50 and Below 3 3.75 6.75 11.25 Above 50 - 55 3 3.75 6.75 11.25 Above 55 - 60 3 3.75 4.5 9.375 Above 60 - 65 2.625 3.75 2.625 5.625 Above 65 2.625 3.75 2.625 3.75
Notes
(1) Maximum contribution for the private sector is calculated based on a salary ceiling of $5,000.00 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 $5,000.00 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 $6,666.67 for both the employer and the employee.