News and Updates
CPF Changes from 1 September 2011
As of 1 September 2011, the following CPF changes have taken effect in Singapore:
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1. Increase in the employers' CPF contribution rate by 0.5%. |
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2. Increase in the Ordinary Wage (OW) Ceiling from S$4,500 to S$5,000 per month. |
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3. Revision in the Additional Wage (AW) Ceiling for 2011 and 2012. |
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4. Increase in CPF Annual Limit (mandatory and voluntary contributions) from S$27,158 to S$30,600. |
For more information, please visit http://mycpf.cpf.gov.sg/Members/Gen-Info/CPFChanges/More+details+on+the+increase+in+Employer+CPF+Contribution+Rates+and+CPF+Salary+Ceiling.htm
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