CPFB | I have over-contributed CPF to my staff, can I apply for a refund?

I have over-contributed CPF to my staff, can I apply for a refund?

If you have over-contributed CPF to your staff, you can apply for a refund.

For refund of the whole payment submitted in a single file or on a single receipt date, you can refer to the process to apply for a full refund of the whole payment.

For refund of CPF paid to specific employee(s), you can apply for a refund using the Refund of CPF Contributions Paid (RFM/Form 40) online.

Please note that:

You have to notify the employee on the refund.
Both employer and employee’s share of CPF contributions will be refunded to you. You are responsible to refund the employee's share of CPF contributions (where applicable) to your employee.
The refund is subject to the availability of funds in the employee's CPF accounts.
In the event where wages are declared incorrectly, resulting in excess refund of CPF contributions, you will have to make good the shortfall in contributions and the corresponding late payment interest.

Member

Employer

Employer services

Employer obligations

Making CPF contributions

Making Voluntary Contributions

Compliance and rectifications

Corporate service buyers

Employer services

Forms and e-applications

Past transactions