CPF shouldn't require a headache.
Understand CPF contributions, rates and submissions without digging through pages of complicated explanations.
1. What is CPF?
The Central Provident Fund (CPF) is a mandatory social security savings scheme that helps Singaporeans save for their retirement, healthcare and housing.
Employers in Singapore are generally required to make monthly CPF contributions for eligible Singapore Citizens and Singapore Permanent Resident employees.
2. Employer Responsibilities
As an employer in Singapore, you are responsible for:
- Registering your company with the CPF Board.
- Calculating accurate employer and employee CPF contribution amounts.
- Deducting the employee's share from their monthly wages.
- Submitting contributions and payments on time by the 14th of the following month.
- Maintaining complete payroll records for at least two years.
3. Contribution Rates (2026)
CPF contribution rates vary depending on employee age, wage tiers, and Singapore Permanent Resident (SPR) graduated status (Year 1, Year 2, or Full rates).
For employees aged 55 and below earning > $750/month, the total contribution is 37% (17% employer + 20% employee), subject to the prevailing Ordinary Wage ceiling.
4. Payment & Submission
Pay CPF contributions and submit payroll data electronically through CPF EZPay by the due date to avoid enforcement actions and late payment interest.
payroll.sg automatically generates CPF EZPay files for seamless one-click monthly uploads without manual spreadsheet calculation.
5. Common Questions
Find fast answers to common questions about CPF on bonuses, Additional Wage capping, foreign worker exemptions, and director fees.
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