More employers have been providing employees with benefits that are beyond their statutory obligations. Please be informed that CPF treatment of employee benefits will be changes as per below detailed and will take effect from 1 January 2020.
Cash Reimbursements | Are CPF contributions payable? | ||
Employee | Employee’s spouse | Employee’s child | |
Medical treatment (local and overseas) | No | No | No |
Dental treatment (local and overseas) | No | No* | No* |
Holiday benefits | Yes* | Yes | Yes |
Other benefits | Yes | Yes | Yes |
*Changes to take effect from 1 January 2020.
For more information, please visit http://links.e.cpf.gov.sg/servlet/MailView?ms=Mjc4NTk3MgS2&r=OTEwMzAwNzg5NzIS1&j=MTEwMDEwMzIwMQS2&mt=1&rt=0
For any further information, please feel free to contact us if you have any questions.