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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.
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.
The SHGs Funds are as follow:
· SHARE: What is Social Help and Assistance Raised by Employees (SHARE)?:· 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 employee’s donations to SHARE from employee’s 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 |
| 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). |
