Singapore Central Provident Fund (CPF) Contribution Rates
Allocation of CPF Contributions
The CPF contributions are allocated to the Ordinary, Special and Medisave Accounts based on the ratio of contributions shown in Tables 1 to 7. Contributions are first allocated to the Medisave Account, followed by the Special Account. The balance is then allocated to the Ordinary Account.
Table 1: CPF Allocation Rates from 1 January 2016
|
Employee Age
(years)
|
CPF contribution
|
Ordinary Account
|
Special Account
|
Medisave Account
|
|
35 & below
|
$100
|
$62.17
($100-$21.62-$16.21)
|
$16.21
($100 X 0.1621)
|
$21.62
($100 X
0.2162)
|
|
Table 2: Contribution rates from 1 January 2016 for private sector and public sector non-pensionable employees being:
-
Singapore Citizen
-
Singapore Permanent Resident (SPR) employees from their 3rd year onwards
-
Government Non-Pensionable Employees
-
Non-Pensionable Employees in Statutory Bodies & Aided Schools
|
Employee Age
(years)
|
Contribution By Employer (% of wage)
|
Contribution By Employee (% of wage)
|
Total Contribution (% of wage)
|
Credited Into
|
|
Ordinary Account (Ratio of Con)
|
Special Account (Ratio of Con)
|
Medisave Account (Ratio of Con)
|
|
35 & below
|
17
|
20
|
37
|
0.6217
|
0.1621
|
0.2162
|
|
Above 35-45
|
17
|
20
|
37
|
0.5677
|
0.1891
|
0.2432
|
|
Above 45-50
|
17
|
20
|
37
|
0.5136
|
0.2162
|
0.2702
|
|
Above 50-55
|
17
|
20
|
37
|
0.4055
|
0.3108
|
0.2837
|
|
Above 55-60
|
13
|
13
|
26
|
0.4616
|
0.1346
|
0.4038
|
|
Above 60-65
|
9
|
7.5
|
16.5
|
0.2122
|
0.1515
|
0.6363
|
|
Above 65
|
7.5
|
5
|
12.5
|
0.08
|
0.08
|
0.84
|
|
Table 3: Contribution rates from 1 January 2016 for Government Pensionable Employees and Pensionable Employees in Statutory Bodies & Aided Schools
|
Employee Age
(years)
|
Contribution By Employer (% of wage)
|
Contribution By Employee (% of wage)
|
Total Contribution (% of wage)
|
Credited Into
|
|
Ordinary Account (Ratio of Con)
|
Special Account (Ratio of Con)
|
Medisave Account (Ratio of Con)
|
|
35 & below
|
12.75
|
15
|
27.75
|
0.6217
|
0.1621
|
0.2162
|
|
Above 35-45
|
12.75
|
15
|
27.75
|
0.5677
|
0.1891
|
0.2432
|
|
Above 45-50
|
12.75
|
15
|
27.75
|
0.5136
|
0.2162
|
0.2702
|
|
Above 50-55
|
12.75
|
15
|
27.75
|
0.4055
|
0.3108
|
0.2837
|
|
Above 55-60
|
9.75
|
9.75
|
19.5
|
0.4616
|
0.1346
|
0.4038
|
|
Above 60-65
|
6.75
|
5.625
|
12.375
|
0.2425
|
0.1515
|
0.6060
|
|
Above 65
|
5.625
|
3.75
|
9.375
|
0.08
|
0.08
|
0.84
|
|
Table 4: Contribution rates for 1st Year SPR from 1 January 2016 for Private Sector and Non-Pensionable Employees (Statutory Bodies & Aided Schools)
|
Employee
Age
(years)
|
Contribution
By Employer (% of wage)
|
Contribution
By Employee (% of wage)
|
Total
Contribution (% of wage)
|
Credited
Into
|
|
Ordinary
Account (Ratio of Con)
|
Special
Account (Ratio of Con)
|
Medisave
Account (Ratio of Con)
|
|
35 &
below
|
4
|
5
|
9
|
0.6217
|
0.1621
|
0.2162
|
|
Above
35-45
|
4
|
5
|
9
|
0.5677
|
0.1891
|
0.2432
|
|
Above
45-50
|
4
|
5
|
9
|
0.5136
|
0.2162
|
0.2702
|
|
Above
50-55
|
4
|
5
|
9
|
0.4055
|
0.3108
|
0.2837
|
|
Above
55-60
|
4
|
5
|
9
|
0.4616
|
0.1346
|
0.4038
|
|
Above
60-65
|
3.5
|
5
|
8.5
|
0.2122
|
0.1515
|
0.6363
|
|
Above 65
|
3.5
|
5
|
8.5
|
0.08
|
0.08
|
0.84
|
|
Table 5: Contribution rates for 2nd Year SPR from 1 January 2016 for Private Sector and Non-Pensionable Employees (Statutory Bodies & Aided Schools)
|
Employee
Age
(years)
|
Contribution
By Employer (% of wage)
|
Contribution
By Employee (% of wage)
|
Total
Contribution (% of wage)
|
Credited
Into
|
|
Ordinary
Account (Ratio of Con)
|
Special
Account (Ratio of Con)
|
Medisave
Account (Ratio of Con)
|
|
35 &
below
|
9
|
15
|
24
|
0.6217
|
0.1621
|
0.2162
|
|
Above
35-45
|
9
|
15
|
24
|
0.5677
|
0.1891
|
0.2432
|
|
Above
45-50
|
9
|
15
|
24
|
0.5136
|
0.2162
|
0.2702
|
|
Above 50-55
|
9
|
15
|
24
|
0.4055
|
0.3108
|
0.2837
|
|
Above
55-60
|
6
|
12.5
|
18.5
|
0.4616
|
0.1346
|
0.4038
|
|
Above
60-65
|
3.5
|
7.5
|
11
|
0.2122
|
0.1515
|
0.6363
|
|
Above 65
|
3.5
|
5
|
8.5
|
0.08
|
0.08
|
0.84
|
|
Table 6: Contribution rates for 1st Year SPR from 1 January 2016 for Public Sector and Pensionable Employees (Statutory Bodies & Aided Schools)
|
Employee
Age
(years)
|
Contribution
By Employer (% of wage)
|
Contribution
By Employee (% of wage)
|
Total
Contribution (% of wage)
|
Credited
Into
|
|
Ordinary
Account (Ratio of Con)
|
Special
Account (Ratio of Con)
|
Medisave
Account (Ratio of Con)
|
|
35 &
below
|
3
|
3.75
|
6.75
|
0.6217
|
0.1621
|
0.2162
|
|
Above
35-45
|
3
|
3.75
|
6.75
|
0.5677
|
0.1891
|
0.2432
|
|
Above
45-50
|
3
|
3.75
|
6.75
|
0.5136
|
0.2162
|
0.2702
|
|
Above
50-55
|
3
|
3.75
|
6.75
|
0.4055
|
0.3108
|
0.2837
|
|
Above
55-60
|
3
|
3.75
|
6.75
|
0.4616
|
0.1346
|
0.4038
|
|
Above
60-65
|
3.5
|
3.75
|
6.375
|
0.2425
|
0.1515
|
0.6060
|
|
Above 65
|
3.5
|
5
|
8.5
|
0.08
|
0.08
|
0.84
|
|
Table 7: Contribution rates for 2nd Year SPR from 1 January 2016 for Public Sector and Pensionable Employees (Statutory Bodies & Aided Schools)
|
Employee
Age
(years)
|
Contribution
By Employer (% of wage)
|
Contribution
By Employee (% of wage)
|
Total
Contribution (% of wage)
|
Credited
Into
|
|
Ordinary
Account (Ratio of Con)
|
Special
Account (Ratio of Con)
|
Medisave
Account (Ratio of Con)
|
|
35 &
below
|
6.75
|
11.25
|
18
|
0.6217
|
0.1621
|
0.2162
|
|
Above
35-45
|
6.75
|
11.25
|
18
|
0.5677
|
0.1891
|
0.2432
|
|
Above
45-50
|
6.75
|
11.25
|
18
|
0.5136
|
0.2162
|
0.2702
|
|
Above
50-55
|
6.75
|
11.25
|
18
|
0.4055
|
0.3108
|
0.2837
|
|
Above
55-60
|
4.5
|
9.375
|
13.875
|
0.4616
|
0.1346
|
0.4038
|
|
Above
60-65
|
2.625
|
5.625
|
8.25
|
0.2425
|
0.1515
|
0.6060
|
|
Above 65
|
2.625
|
3.75
|
6.375
|
0.08
|
0.08
|
0.84
|
|
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