Deduction of SHG Fund in Singapore.
What is deduction of SHG fund?
What is SHG fund deduction in Singapore?
What is SHG fund?
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 employeeβs wages together with the employeeβs share of CPF contribution.
What are Self-Help Group (SHG) Funds?
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.
Click here to learn more about the following SHG Funds in details with rates.
Name of SHG Fund Contribution |
Details of Self-Help Group (SHG) or Community Funds |
CDAC |
|
ECF |
Refers to a person defined as βEurasianβ in their identity card, or a person of both European and Asian ancestry. |
MBMF |
|
SINDA |
Politically, the Indian subcontinent includes Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. |
SHARE (ComChest) |
SHARE is a monthly giving programme of Community Chest, the fund-raising and engagement arm of the National Council of Social Service. On behalf of Community Chest, the CPF Board collects employeeβs donations to SHARE from employeeβs wages made through the company payroll. Donations by employees are voluntary and deducted from their wages. 100% of the donations are channelled directly to support critical social service programmes. |
Note: If your employee wishes to contribute a different amount or opt-out, the employee has to obtain the relevant form from the applicable Self-Help Group (SHG) / Community Funds. |