Which CPF contribution rate should be applied when my employee enters the next age group (i.e. reaches 55, 60, 65 or 70)?
The contribution rate for each age group (i.e. above 55 to 60, above 60 to 65, above 65 to 70, or above 70 years) shall apply from the first day of the month, after the month of your employee's 55th, 60th, 65th or 70th birthday.
 
Example
Your employee’s 55th birthday falls on 13 January 2025.
 
CPF contribution rate
For wages earned in January 2025
(55 years and below)		For wages earned in February 2025
(Above 55 to 60 years)

37% of total wages (>$750)
(Employer's share = 17%;
Employee's share = 20%)

32.5% of total wages (>$750)
(Employer's share = 15.5%;
Employee's share = 17%)

Note:
  • On his 55th birthday, the employee is deemed to have attained 55 years of age and would be classified in the "55 years and below" age group; and
  • The employee is deemed to be above 55 years old on the day after his 55th birthday. As the contribution rates are applicable on a monthly basis, he will be classified in the "Above 55 to 60 years" age group in the month after his 55th birthday i.e. month of February 2025.

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