CPF Contribution Rates for Low-Wage Workers From 1 Jan ’14

From 1 January 2014, the CPF contribution rates for low-wage workers will be increased to help them save more for retirement.

Private sector and government non-pensionable employees, including first and second year Singapore Permanent Residents (SPR), who are earning monthly wages of >$50 to <$1,500 will benefit from the changes.

The new CPF contribution rate tables for wages earned from 1 January 2014 can be downloaded at the CPF website.

The prevailing and past CPF contribution rates can also be found in the same website.

Source: Central Provident Fund Board

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