fbpx
Menu

What is CDAC?

In:

What is Chinese Development Assistance Council?

Singapore CDAC?

CDAC in Singapore?

CDAC.

CDAC is a non-profit self-help group for the Chinese community approved by the Government of Singapore.

The CDAC Fund is used to fund CDAC’s programmes and assistance schemes to help the students, workers and families from the lower income groups overcome their challenges and achieve social mobility. Needy students, low-wage workers, low-income families, and seniors are our key beneficiaries.

CDAC helps students to realise their potential; workers to secure jobs and upgrade their skills; families to be self-reliant and more resilient; and seniors to stay active and connected with the community.

What are Self-Help Group (SHG) Funds in Singapore?

The Self-Help Groups (SHGs) are set up to uplift the less privileged and low income households in the Chinese, Eurasian, Muslim and Indian communities respectively.

Contributions to Self-Help Groups (SHGs) and SHARE Donations (Community Funds):

CPF Board is the collecting agent for contributions to self-help group (SHGs) funds and SHARE donations. These contributions and donations are deducted from your employee’s wages together with the employee’s share of CPF contribution.

Chinese Development Assistance Council (CDAC) Fund, administered by CDAC

ForΒ the Chinese Development Assistance Council (CDAC) Fund, employeesΒ refer to Singapore Citizens and Permanent Residents, belonging to the Chinese community.

The contribution rates for CDAC are as follows:

Monthly Total Wages* Monthly Contribution
<= $2,000 $0.50
> $2,000 to $3,500 $1.00
> $3,500 to $5,000 $1.50
> $5,000 to $7,500 $2.00
> $7,500 $3.00

* Total wages refer to all remuneration in money due or granted to an employee in respect of his employment, including overtime pay, allowances (e.g. food, shift or transport allowances), commission and bonus.

Click here to learn IN DETAILS about the Contributions to Self-Help Groups (SHGs) and SHARE Donations (Community Funds).
×