13 Feb 2026
SOURCE: CPF Board
Each month, employees contribute a percentage of their wages to their three CPF accounts. Their employers also contribute to the employees’ CPF accounts and these contribution rates are dependent on the employee’s citizenship status, wage band and age group.
As these contributions play a big part in forming one’s retirement nest egg, it is important to keep up with any changes to the contribution rates and stay updated.
What is the CPF contribution rates for senior workers in 2026?
Currently, the CPF contribution rates (monthly wages more than $750) are as follows:
New CPF contribution rates for senior workers in 2027
From 1 January 2027, the contribution rates for senior workers will be increased to further strengthen their retirement adequacy.
Note: Figures in brackets () denote increase in rates
For working senior employees aged above 55 to 65 who have yet to reach their Full Retirement Sum (FRS), the increase in CPF contribution rates will be fully allocated to their Retirement Account (RA) to help them save more for their retirement.
If they have already set aside their FRS in their RA, the increased contributions will instead be channeled to their Ordinary Account (OA).
How to use CPF calculators to calculate your monthly CPF contributions payable
In addition, there are various CPF calculators that can also help you with your contribution matters.
For example, you can use them to calculate the monthly CPF contributions payable and the amount allocated into your Ordinary, Special and MediSave accounts, and more.
With these handy calculators, you now have the actual or potential amount that goes into your CPF accounts every month to aid you in your financial planning.
Plan your monthly payouts with the Plan my monthly payouts service
But how much monthly payouts would be enough? It can be difficult to gauge, which is why there are tools available to help make that planning easier.
You can use the Plan my monthly payouts service to find out more about your monthly payout details, provide your payout instructions and confirm your bank account details.
The Plan my monthly payout service is available to you three months before you reach age 65 and is for members born in 1957 and after. To use this service, please ensure that you have updated your contact details and provided a bank account under your Account settings.
The information provided in this article is accurate as of the date of publication.
