CPF Contribution Rates and Salary Ceilings

1. Contribution Rates by Age Group:

Below 55 Years Old:

Employee Contribution: 20%

Employer Contribution: 17%

Total: 37%

55 to 60 Years Old:

Employee Contribution: 13%

Employer Contribution: 13%

Total: 26%

60 to 65 Years Old:

Employee Contribution: 7.5%

Employer Contribution: 9%

Total: 16.5%

Above 65 Years Old:

Employee Contribution: 5%

Employer Contribution: 7.5%

Total: 12.5%

2. Salary Ceilings:

Ordinary Wage (OW) Ceiling: CPF contributions are computed on an employee's monthly ordinary wages up to S$6,000.

Additional Wage (AW) Ceiling: The AW Ceiling is determined by deducting the total ordinary wages for the year from the prevailing OW Ceiling amount multiplied by 12.