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Increase in CPF Contribution Rates from 1 January 2027


(a) To further strengthen the retirement adequacy of senior employees, there will be an increase to the CPF contribution rates from 1 January 2027 for employees aged above 55 to 65. The changes apply to wages earned from 1 January 2027:

For employees earning monthly wages > $750

Employee's age (years)

 2026 CPF Contribution Rates from 1 Jan 2027
Total
(% of wage) 

Total
(% of wage)

 By employer
(% of wage)		 By employee
(% of wage)
55 and below 37 37 17 20
Above 55 to 60 34 35.5
(+1.5)		 16.5
(+0.5)		 19
(+1)
Above 60 to 65 25 26
(+1)		 13
(+0.5)		 13
(+0.5)
Above 65 to 70 16.5 16.5
 9
 7.5
Above 70  12.5 12.5 7.5 5

Note: Figures in brackets () denote increase in rates

(b) The increase in the CPF contributions for employees aged above 55 to 65 will be fully allocated to the Retirement Account (RA), up to their Full Retirement Sum (FRS), to help senior workers save more for retirement. If employees have already set aside their FRS in their RA, these contributions will be channelled to their Ordinary Account.

 

(c) Contribution rate increases will also apply to senior workers earning monthly wages of more than $500 to $750, who contribute at phased-in contribution rates. For such seniors, their phased-in contribution rates will proportionally increase.

 

(d) There are no changes to the graduated contribution rates for first and second year Singapore Permanent Residents.

You may refer to the detailed CPF contribution rate tables (PDF, 0.17 MB) and CPF allocation rate table (PDF, 0.1 MB) from 1 January 2027 for more details.