What is the Ordinary Wage (OW) ceiling?
The Ordinary Wage (OW) ceiling limits the amount of OW that attract CPF contributions in a calendar month for all employees. It will be gradually raised to $8,000 by 2026. The increase takes place in four steps, as shown in the table below, to allow employers and employees to adjust to the changes.
Table: Changes in CPF salary ceilings
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CPF Ordinary Wage ceiling
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CPF annual salary ceiling
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From 1 Jan 2016 to 31 Aug 2023
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$6,000
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$102,000 (no change)
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From 1 Sep to 31 Dec 2023
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$6,300 (+$300)
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From 1 Jan to 31 Dec 2024
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$6,800 (+$500)
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From 1 Jan to 31 Dec 2025
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$7,400 (+$600)
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From 1 Jan 2026
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$8,000 (+$600)
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