As an employer, you are legally obligated to pay CPF contributions correctly and promptly for your employees. Non-compliance of CPF contributions is an offence. CPF Board takes a serious view on employers who do not fulfil their CPF obligations to their employees. The jail term reflects the severity of CPF offences and serves as a strong deterrence to errant employers. It is also a reminder of the importance of employers’ legal obligation to pay CPF contributions correctly and promptly for their employees.
The penalties stipulated under the CPF Act for employers convicted of late payment offence are:
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Up to $5,000 court fine and no less than $1,000 per offence and/or up to 6 months’ imprisonment for first conviction
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Up to $10,000 court fine and no less than $2,000 per offence and/or up to 12 months’ imprisonment for subsequent convictions
