Beware of scam calls and scam messages impersonating as CPF officers asking for your personal details. Ignore them and do not share your Singpass ID/password or banking details with anyone. CPF officers will NOT ask for your Singpass, banking userid or password.

Scheduled Maintenance: CPF digital services will not be available on 29 Jan 2023, from 12am to 5am.

Message from GovTech: Some users may be experiencing difficulties accessing digital services with Singpass. We are working to resolve the issue. We apologise for any inconvenience caused, and will provide updates in due course.

Making Voluntary Contributions

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Updates on 13 June 2022

The CPF contribution rates for employees aged above 55 to 70 have been increased from 1 January 2023 to strengthen retirement adequacy. Find out more about the change in contribution rates.

Employee's age (years)

Contribution rates from 1 January 2023

(monthly wages > $750)

By employer

(% of wage)

By employee

(% of wage)

Total

(% of wage)

55 and below

17

20

37

Above 55 to 60

14.5

15

29.5

Above 60 to 65

11

9.5

20.5

Above 65 to 70

8.5

7

15.5

Above 70

7.5

5

12.5


Step 1: Select the contribution rate table based on citizenship status




Step 2: Determine the rates based on age group and wage band



Step 3: Determine the Total Wages subject to CPF contributions


Step 4: Compute the CPF contributions on Total Wages