I have paid excess CPF contributions above the Additional Wage (AW) ceiling and the CPF Annual Limit, how can I apply for a refund in these situations?
CPF contributions above the Additional Wage (AW) ceiling
If you have paid excess CPF contributions above the AW ceiling, you should apply for a refund by selecting ‘Refund of payments made in excess of AW ceiling’ in the online application.
CPF contributions paid in excess of the CPF Annual Limit
From February 2024, any CPF contributions paid in excess of the CPF Annual Limit will be refunded automatically. This applies to excess contributions paid from year 2023. The automatic refund of excess made in current year will only take place (in phases) the following year. Notifications will be sent after the refund is processed.
However, there is no need to wait for the annual automatic refund. If you have paid excess CPF contributions above the CPF Annual Limit, you should apply for a refund promptly. You can do this online by selecting ‘Refund of payments made for 1 employee’.
