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Making Voluntary Contributions

You can help build your employees' CPF savings voluntarily through additional contributions. Learn how.

Compliance and rectifications

Learn about enforcement actions for non-compliance, if CPF contributions are not paid correctly and promptly.

Corporate service buyers

Help contribute to the MediSave Accounts of self-employed persons when you hire and pay for their services.

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Updates on 1 June 2021

The CPF contribution rates for employees aged above 55 to 70 will be increased from 1 January 2022 to strengthen their retirement adequacy. Find out more about the change in contribution rates.

Employee's age (years)

Contribution rates from 1 January 2016

(monthly wages > $750)

By employer

(% of wage)

By employee

(% of wage)

Total

(% of wage)

55 and below

17

20

37

Above 55 to 60

13

13

26

Above 60 to 65

9

7.5

16.5

Above 65

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