In:
The following table summarises the contribution rates for Singapore Citizens and SPRs (from third year and onwards) from 1 January 2022.
CPF Contribution Rates from 1 January 2022 for monthly wages > $750:
Employee’s age (years) |
Total (% of wage) |
By Employer (% of wage) |
By Employee (% of wage) |
55 & below | 37 | 17 | 20 |
Above 55 to 60 | 28 | 14 | 14 |
Above 60 to 65 | 18.5 | 10 | 8.5 |
Above 65 to 70 | 14 | 8 | 6 |
Above 70 | 12.5 | 7.5 | 5 |