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While the employer processes both payments, each is handled differently.",[],{"_key":1583,"_type":170,"children":1584,"level":1216,"listItem":1217,"markDefs":1602,"style":190},"k212",[1585,1589,1593,1598],{"_key":1586,"_type":174,"marks":1587,"text":1588},"k208",[1210],"Employee contribution:",{"_key":1590,"_type":174,"marks":1591,"text":1592},"k209",[]," All eligible employees must contribute towards their CPF payments. A percentage is deducted from their wage by the employer. Then the employer submits this amount directly to the CPF Board without any action from the employee. ",{"_key":1594,"_type":174,"marks":1595,"text":1597},"k210",[1596],"k204","Different rates",{"_key":1599,"_type":174,"marks":1600,"text":1601},"k211",[]," apply depending on the employee’s age.",[1603],{"_key":1596,"_type":188,"externalUrl":1604,"linkType":145},"https:\u002F\u002Faspireapp.com\u002Fblog\u002Femployee-cpf-contribution-singapore",{"_key":1606,"_type":170,"children":1607,"level":1216,"listItem":1217,"markDefs":1616,"style":190},"k218",[1608,1612],{"_key":1609,"_type":174,"marks":1610,"text":1611},"k216",[1210],"Employer contribution:",{"_key":1613,"_type":174,"marks":1614,"text":1615},"k217",[]," In addition to the employee’s contribution, as an employer, you have your own CPF liabilities for each employee. This is an added cost to your business on top of the wages you’re already paying your employee.",[],{"_key":1618,"_type":170,"children":1619,"markDefs":1633,"style":190},"k227",[1620,1624,1629],{"_key":1621,"_type":174,"marks":1622,"text":1623},"k224",[],"Finance teams must calculate both CPF contributions and submit them by the last day of the calendar month. Enforcement action may apply if payment is not made by the ",{"_key":1625,"_type":174,"marks":1626,"text":1628},"k225",[1627],"k220","14th of the following month",{"_key":1630,"_type":174,"marks":1631,"text":1632},"k226",[],", or the next working day if the 14th falls on a weekend or public holiday. Late payment interest is charged at 1.5% per month from the day after the due date, subject to a minimum of SGD $5.",[1634],{"_key":1627,"_type":188,"externalUrl":1635,"linkType":145},"https:\u002F\u002Fwww.cpf.gov.sg\u002Femployer\u002Fmaking-cpf-contributions",{"_key":1637,"_type":170,"children":1638,"markDefs":1643,"style":1187},"k231",[1639],{"_key":1640,"_type":174,"marks":1641,"text":1642},"k230",[],"When employee changes affect CPF",[],{"_key":1645,"_type":170,"children":1646,"markDefs":1651,"style":190},"k235",[1647],{"_key":1648,"_type":174,"marks":1649,"text":1650},"k234",[],"Changes in an employee’s age, residency status, salary, or employment situation all affect how their CPF is calculated. As a finance leader, you must stay on top of these details to keep payroll accurate and ensure your CPF employer obligations remain compliant.",[],{"_key":1653,"_type":170,"children":1654,"markDefs":1659,"style":190},"k239",[1655],{"_key":1656,"_type":174,"marks":1657,"text":1658},"k238",[],"These changes can happen at any point during the year, so finance teams cannot rely solely on quarterly or annual payroll reviews to catch them. Instead, your payroll process should have clear instructions on what happens when an employee's circumstances change.",[],{"_key":1661,"_type":170,"children":1662,"markDefs":1667,"style":190},"k243",[1663],{"_key":1664,"_type":174,"marks":1665,"text":1666},"k242",[],"Some major changes that your finance team needs predefined processes for are:",[],{"_key":1669,"_type":170,"children":1670,"level":1216,"listItem":1217,"markDefs":1684,"style":190},"k252",[1671,1676,1680],{"_key":1672,"_type":174,"marks":1673,"text":1675},"k249",[1674,1210],"k244","Employee becomes a Singapore Citizen",{"_key":1677,"_type":174,"marks":1678,"text":1679},"k250",[1210],":",{"_key":1681,"_type":174,"marks":1682,"text":1683},"k251",[]," When an employee receives their new Singapore Identity Card, they will receive a new CPF account linked to the new identity-card number. Pay CPF Singapore contributions into the new account and ask the employee to contact the CPF Board to merge their previous CPF employer account with the new one, where applicable.",[1685],{"_key":1674,"_type":188,"externalUrl":1686,"linkType":145},"https:\u002F\u002Fwww.cpf.gov.sg\u002Fservice\u002Farticle\u002Fwhat-should-i-do-if-there-is-a-change-in-employee-s-particulars",{"_key":1688,"_type":170,"children":1689,"level":1216,"listItem":1217,"markDefs":1707,"style":190},"k263",[1690,1694,1698,1703],{"_key":1691,"_type":174,"marks":1692,"text":1693},"k259",[1210],"Employee becomes a Singapore PR:",{"_key":1695,"_type":174,"marks":1696,"text":1697},"k260",[]," Apply the ",{"_key":1699,"_type":174,"marks":1700,"text":1702},"k261",[1701],"k255","graduated CPF payment rates",{"_key":1704,"_type":174,"marks":1705,"text":1706},"k262",[]," for the first two years of their PR status, with full contribution rates applying from the third year onwards.",[1708],{"_key":1701,"_type":188,"externalUrl":1709,"linkType":145},"https:\u002F\u002Fwww.cpf.gov.sg\u002Fcontent\u002Fdam\u002Fweb\u002Femployer\u002Femployer-obligations\u002Fdocuments\u002FCPFcontributionratesfrom1Jan2026.pdf",{"_key":1711,"_type":170,"children":1712,"level":1216,"listItem":1217,"markDefs":1721,"style":190},"k269",[1713,1717],{"_key":1714,"_type":174,"marks":1715,"text":1716},"k267",[1210],"Employee moves into a new age band:",{"_key":1718,"_type":174,"marks":1719,"text":1720},"k268",[]," The revised contribution rate applies from the first day of the month following the month in which the employee's birthday falls.",[],{"_key":1723,"_type":170,"children":1724,"level":1216,"listItem":1217,"markDefs":1733,"style":190},"k275",[1725,1729],{"_key":1726,"_type":174,"marks":1727,"text":1728},"k273",[1210],"Employee renounces Singapore Citizen\u002FSPR status:",{"_key":1730,"_type":174,"marks":1731,"text":1732},"k274",[]," For OW, CPF contributions are required only for the portion earned up to the date the employee renounces their status. For AW, CPF applies only if the AW is payable before the renunciation takes effect. AW payable on or after the renunciation date does not attract CPF.",[],{"_key":1735,"_type":170,"children":1736,"level":1216,"listItem":1217,"markDefs":1745,"style":190},"k281",[1737,1741],{"_key":1738,"_type":174,"marks":1739,"text":1740},"k279",[1210],"Employee leaves the company:",{"_key":1742,"_type":174,"marks":1743,"text":1744},"k280",[]," Before removing the employee from your payroll records, tick the checkbox beside their employee record in CPF EZPay and select Delete Employee Record.",[],{"_key":1747,"_type":170,"children":1748,"markDefs":1753,"style":1263},"k285",[1749],{"_key":1750,"_type":174,"marks":1751,"text":1752},"k284",[],"CPF changes 2026",[],{"_key":1755,"_type":170,"children":1756,"markDefs":1761,"style":190},"k289",[1757],{"_key":1758,"_type":174,"marks":1759,"text":1760},"k288",[],"Rules around CPF contributions, CPF ceilings, and CPF caps can change from year to year. It is imperative for finance leaders and their teams to stay updated on these changes. There are 2 major CPF changes 2026:",[],{"_key":1763,"_type":170,"children":1764,"level":1216,"listItem":1217,"markDefs":1773,"style":190},"k295",[1765,1769],{"_key":1766,"_type":174,"marks":1767,"text":1768},"k293",[1210],"Ordinary Wage ceiling increased to SGD $8000:",{"_key":1770,"_type":174,"marks":1771,"text":1772},"k294",[]," Effective 1 January 2026, the monthly OW ceiling increased from SGD $7400 to SGD $8000. This means that up to SGD $8000 of an employee’s monthly OW can be subject to CPF contributions.",[],{"_key":1775,"_type":170,"children":1776,"level":1216,"listItem":1217,"markDefs":1785,"style":190},"k301",[1777,1781],{"_key":1778,"_type":174,"marks":1779,"text":1780},"k299",[1210],"Higher CPF rates for senior workers:",{"_key":1782,"_type":174,"marks":1783,"text":1784},"k300",[]," From 1 January 2026, contribution rates for employees in the 55-60 and 60-65 age bands increased from 32.5% to 34% and 23.5% to 25% respectively.",[],{"_key":1787,"_type":170,"children":1788,"markDefs":1793,"style":1187},"k305",[1789],{"_key":1790,"_type":174,"marks":1791,"text":1792},"k304",[],"How to calculate CPF contributions",[],{"_key":1795,"_type":170,"children":1796,"markDefs":1810,"style":190},"k314",[1797,1801,1806],{"_key":1798,"_type":174,"marks":1799,"text":1800},"k311",[],"Finance leaders should understand how both employee and employer CPF is calculated, but the ",{"_key":1802,"_type":174,"marks":1803,"text":1805},"k312",[1804],"k307","CPF Board's online calculator",{"_key":1807,"_type":174,"marks":1808,"text":1809},"k313",[]," can help you determine the correct contributions for each employee.",[1811],{"_key":1804,"_type":188,"externalUrl":1812,"linkType":145},"http:\u002F\u002Fcpf.gov.sg\u002Femployer\u002Ftools-and-services\u002Fcalculators\u002Fcpf-contribution-calculator",{"_key":1814,"_type":170,"children":1815,"markDefs":1820,"style":1263},"k318",[1816],{"_key":1817,"_type":174,"marks":1818,"text":1819},"k317",[],"Step 1. Determine if the employee is eligible",[],{"_key":1822,"_type":170,"children":1823,"level":1216,"listItem":1217,"markDefs":1828,"style":190},"k322",[1824],{"_key":1825,"_type":174,"marks":1826,"text":1827},"k321",[],"Confirm employee’s citizenship and PR status",[],{"_key":1830,"_type":170,"children":1831,"level":1216,"listItem":1217,"markDefs":1836,"style":190},"k326",[1832],{"_key":1833,"_type":174,"marks":1834,"text":1835},"k325",[],"If the employee is a PR, confirm whether they are in their first, second, or third year onwards of their PR",[],{"_key":1838,"_type":170,"children":1839,"level":1216,"listItem":1217,"markDefs":1844,"style":190},"k330",[1840],{"_key":1841,"_type":174,"marks":1842,"text":1843},"k329",[],"Check whether any recent change in the employee's status affects the CPF treatment",[],{"_key":1846,"_type":170,"children":1847,"markDefs":1852,"style":1263},"k334",[1848],{"_key":1849,"_type":174,"marks":1850,"text":1851},"k333",[],"Step 2. Determine the employee’s age band",[],{"_key":1854,"_type":170,"children":1855,"level":1216,"listItem":1217,"markDefs":1860,"style":190},"k338",[1856],{"_key":1857,"_type":174,"marks":1858,"text":1859},"k337",[],"Identify the applicable employee age band",[],{"_key":1862,"_type":170,"children":1863,"level":1216,"listItem":1217,"markDefs":1868,"style":190},"k342",[1864],{"_key":1865,"_type":174,"marks":1866,"text":1867},"k341",[],"Check if employee recently moved to a new age band",[],{"_key":1870,"_type":170,"children":1871,"level":1216,"listItem":1217,"markDefs":1881,"style":190},"k349",[1872,1876],{"_key":1873,"_type":174,"marks":1874,"text":1875},"k347",[],"Apply the relevant ",{"_key":1877,"_type":174,"marks":1878,"text":1880},"k348",[1879],"k344","CPF contribution rates",[1882],{"_key":1879,"_type":188,"externalUrl":1883,"linkType":145},"\u002Femployer-cpf-contribution-calculator",{"_key":1885,"_type":170,"children":1886,"markDefs":1891,"style":1263},"k353",[1887],{"_key":1888,"_type":174,"marks":1889,"text":1890},"k352",[],"Step 3. Determine the employee’s Total Wage (TW)",[],{"_key":1893,"_type":170,"children":1894,"level":1216,"listItem":1217,"markDefs":1899,"style":190},"k357",[1895],{"_key":1896,"_type":174,"marks":1897,"text":1898},"k356",[],"Confirm the employee’s OW and AW",[],{"_key":1901,"_type":170,"children":1902,"level":1216,"listItem":1217,"markDefs":1907,"style":190},"k361",[1903],{"_key":1904,"_type":174,"marks":1905,"text":1906},"k360",[],"Add the OW and AW to determine the employee’s TW",[],{"_key":1909,"_type":170,"children":1910,"level":1216,"listItem":1217,"markDefs":1915,"style":190},"k365",[1911],{"_key":1912,"_type":174,"marks":1913,"text":1914},"k364",[],"Check whether any payments should be excluded because they do not constitute wages for CPF purposes",[],{"_key":1917,"_type":170,"children":1918,"markDefs":1923,"style":1263},"k369",[1919],{"_key":1920,"_type":174,"marks":1921,"text":1922},"k368",[],"Step 4. Apply the CPF ceilings",[],{"_key":1925,"_type":170,"children":1926,"level":1216,"listItem":1217,"markDefs":1931,"style":190},"k373",[1927],{"_key":1928,"_type":174,"marks":1929,"text":1930},"k372",[],"Apply the monthly OW ceiling to the employee’s OW",[],{"_key":1933,"_type":170,"children":1934,"level":1216,"listItem":1217,"markDefs":1939,"style":190},"k377",[1935],{"_key":1936,"_type":174,"marks":1937,"text":1938},"k376",[],"Calculate the employee's applicable AW ceiling, taking into account their OW for the calendar year",[],{"_key":1941,"_type":170,"children":1942,"level":1216,"listItem":1217,"markDefs":1947,"style":190},"k381",[1943],{"_key":1944,"_type":174,"marks":1945,"text":1946},"k380",[],"Check the employee's cumulative OW when calculating CPF on AW",[],{"_key":1949,"_type":170,"children":1950,"level":1216,"listItem":1217,"markDefs":1955,"style":190},"k385",[1951],{"_key":1952,"_type":174,"marks":1953,"text":1954},"k384",[],"Determine the portion of OW and AW that is subject to CPF after applying the respective ceilings",[],{"_key":1957,"_type":170,"children":1958,"markDefs":1963,"style":1263},"k389",[1959],{"_key":1960,"_type":174,"marks":1961,"text":1962},"k388",[],"Step 5. Calculate the contributions using the correct rates",[],{"_key":1965,"_type":170,"children":1966,"level":1216,"listItem":1217,"markDefs":1971,"style":190},"k393",[1967],{"_key":1968,"_type":174,"marks":1969,"text":1970},"k392",[],"Apply the applicable CPF employer and employee rates to the CPF-payable wages",[],{"_key":1973,"_type":170,"children":1974,"level":1216,"listItem":1217,"markDefs":1979,"style":190},"k397",[1975],{"_key":1976,"_type":174,"marks":1977,"text":1978},"k396",[],"Calculate the employee's share to be deducted from their salary",[],{"_key":1981,"_type":170,"children":1982,"level":1216,"listItem":1217,"markDefs":1987,"style":190},"k401",[1983],{"_key":1984,"_type":174,"marks":1985,"text":1986},"k400",[],"Calculate the employer's share as an additional payroll cost",[],{"_key":1989,"_type":170,"children":1990,"level":1216,"listItem":1217,"markDefs":1995,"style":190},"k405",[1991],{"_key":1992,"_type":174,"marks":1993,"text":1994},"k404",[],"Add both shares to determine the total CPF amount payable",[],{"_key":1997,"_type":170,"children":1998,"markDefs":2003,"style":1263},"k409",[1999],{"_key":2000,"_type":174,"marks":2001,"text":2002},"k408",[],"Worked examples:",[],{"_key":2005,"_type":1313,"columnHeaders":2006,"hasColumnTitles":141,"hasRowTitles":152,"rows":2016},"k410",[2007,2010,2013],{"_key":2008,"_type":1317,"cellIndex":1318,"title":2009},"k411","",{"_key":2011,"_type":1317,"cellIndex":1216,"title":2012},"k412","Scenario 1: Singapore Citizen, age 40, SGD $9,000\u002Fmonth + SGD $10,000 bonus",{"_key":2014,"_type":1317,"cellIndex":1325,"title":2015},"k413","Scenario 2: First-year Singapore PR, age 56, SGD $7,500\u002Fmonth + no 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",{"_key":2858,"_type":174,"marks":2859,"text":2861},"k871",[2860],"k866","Aspire's global payroll ",{"_key":2863,"_type":174,"marks":2864,"text":2865},"k872",[],"is one such platform, bringing salary and CPF payments into the same workflow, with local salary payments supported through FAST or GIRO.",[2867],{"_key":2860,"_type":188,"externalUrl":2868,"linkType":145},"https:\u002F\u002Faspireapp.com\u002Fuse-case\u002Fpayroll",{"_key":2870,"_type":170,"children":2871,"markDefs":2876,"style":190},"k877",[2872],{"_key":2873,"_type":174,"marks":2874,"text":2875},"k876",[],"With the right processes and tools in place, finance teams can spend less time managing CPF manually and more time focusing on payroll oversight and the wider finance function.",[],{"_key":2878,"_type":170,"children":2879,"markDefs":2883,"style":1187},"k881",[2880],{"_key":2881,"_type":174,"marks":2882,"text":15},"k880",[],[],{"_key":2885,"_type":170,"children":2886,"level":1216,"listItem":2467,"markDefs":2891,"style":190},"k885",[2887],{"_key":2888,"_type":174,"marks":2889,"text":2890},"k884",[],"Which employees are required to contribute to CPF in Singapore?",[],{"_key":2893,"_type":170,"children":2894,"markDefs":2899,"style":190},"k889",[2895],{"_key":2896,"_type":174,"marks":2897,"text":2898},"k888",[],"CPF employer requirements generally apply to Singapore Citizens and Singapore Permanent Residents employed in Singapore. The applicable contribution rates can vary based on factors such as age and PR status.",[],{"_key":2901,"_type":170,"children":2902,"level":1216,"listItem":2467,"markDefs":2907,"style":190},"k893",[2903],{"_key":2904,"_type":174,"marks":2905,"text":2906},"k892",[],"What are the major CPF changes in 2026?",[],{"_key":2909,"_type":170,"children":2910,"markDefs":2915,"style":190},"k897",[2911],{"_key":2912,"_type":174,"marks":2913,"text":2914},"k896",[],"The key CPF changes 2026 include the increase in the monthly OW ceiling from SGD $7400 to SGD $8000 and higher contribution rates for certain senior-worker age bands. Finance teams should ensure their payroll processes reflect the latest requirements.",[],{"_key":2917,"_type":170,"children":2918,"level":1216,"listItem":2467,"markDefs":2923,"style":190},"k901",[2919],{"_key":2920,"_type":174,"marks":2921,"text":2922},"k900",[],"How is the employer CPF contribution calculated?",[],{"_key":2925,"_type":170,"children":2926,"markDefs":2931,"style":190},"k905",[2927],{"_key":2928,"_type":174,"marks":2929,"text":2930},"k904",[],"The employer CPF contribution is calculated by applying the applicable employer rate to the employee's CPF-payable wages after considering the relevant wage ceilings. The employee's share is calculated separately and deducted from their salary.",[],{"_key":2933,"_type":170,"children":2934,"level":1216,"listItem":2467,"markDefs":2939,"style":190},"k909",[2935],{"_key":2936,"_type":174,"marks":2937,"text":2938},"k908",[],"When do employers need to pay CPF?",[],{"_key":2941,"_type":170,"children":2942,"markDefs":2947,"style":190},"k913",[2943],{"_key":2944,"_type":174,"marks":2945,"text":2946},"k912",[],"Employers must submit CPF contributions by the last day of the calendar month. Finance teams should also account for the applicable enforcement timeline and ensure payments are submitted promptly.",[],{"_key":2949,"_type":170,"children":2950,"level":1216,"listItem":2467,"markDefs":2955,"style":190},"k917",[2951],{"_key":2952,"_type":174,"marks":2953,"text":2954},"k916",[],"What should employers do when CPF requirements change during the year?",[],{"_key":2957,"_type":170,"children":2958,"markDefs":2963,"style":190},"k921",[2959],{"_key":2960,"_type":174,"marks":2961,"text":2962},"k920",[],"Finance teams should have processes for identifying changes such as a new age band, changes in citizenship or PR status, salary adjustments and new types of remuneration. These changes should trigger a review of the employee's CPF treatment.",[],{"slug":1148,"title":1149},{"_type":154,"alternativeText":2966,"height":1055,"url":2967,"width":1057},"CPF employer guide for Singapore businesses: What finance leaders need to know","https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fblog\u002F7e4bf2afd0145ca95fb5b1118c4ebe98\u002Fshared-sg_cover_shared-cover-team.jpeg",[2969,2976,2984,2991,2997,3005],{"_key":1183,"_type":170,"children":2970,"level":1216,"listItem":1217,"markDefs":2975,"style":190},[2971],{"_key":2972,"_type":174,"marks":2973,"text":2974},"k1",[],"CPF or Central Provident Fund applies to Singapore Citizens and Singapore Permanent Residents employed in Singapore, with contribution rates varying by age and, for SPRs, their year of PR status",[],{"_key":2977,"_type":170,"children":2978,"level":1216,"listItem":1217,"markDefs":2983,"style":190},"k5",[2979],{"_key":2980,"_type":174,"marks":2981,"text":2982},"k4",[],"CPF calculations start with identifying the employee's OW and AW, then applying the relevant wage ceilings and contribution rates",[],{"_key":2985,"_type":170,"children":2986,"level":1216,"listItem":1217,"markDefs":2990,"style":190},"k8",[2987],{"_key":1189,"_type":174,"marks":2988,"text":2989},[],"The 2026 Ordinary Wage ceiling is SGD $8,000 per month, while the Additional Wage ceiling is calculated separately based on the employee’s CPF-payable Ordinary Wages",[],{"_key":1197,"_type":170,"children":2992,"level":1216,"listItem":1217,"markDefs":2996,"style":190},[2993],{"_key":1200,"_type":174,"marks":2994,"text":2995},[],"Changes to an employee’s PR or citizenship status, age band, salary or employment status can affect their CPF employer calculation, so payroll processes should capture and action these changes promptly",[],{"_key":2998,"_type":170,"children":2999,"level":1216,"listItem":1217,"markDefs":3004,"style":190},"k14",[3000],{"_key":3001,"_type":174,"marks":3002,"text":3003},"k13",[],"Finance teams can build stronger CPF controls by connecting HR updates with payroll, flagging unusual payments, reviewing new compensation structures and documenting clear processes for handling CPF changes",[],{"_key":1205,"_type":170,"children":3006,"level":1216,"listItem":1217,"markDefs":3010,"style":190},[3007],{"_key":1213,"_type":174,"marks":3008,"text":3009},[],"When an error occurs, finance teams should identify and correct the affected CPF contribution, reconcile the relevant payroll records and settle any applicable late-payment interest",[],[3012,3018,3024],{"_key":1183,"_type":170,"children":3013,"markDefs":3017,"style":190},[3014],{"_key":2972,"_type":174,"marks":3015,"text":3016},[],"For new CFOs, navigating through complex CPF employer rules can be a headache. The real challenge is keeping contributions accurate as payroll changes, whether due to different salary levels, bonuses, employee citizenship status, or wage ceilings. As your workforce grows, even small oversights can lead to material payroll discrepancies, unexpected costs, and compliance issues.",[],{"_key":2977,"_type":170,"children":3019,"markDefs":3023,"style":190},[3020],{"_key":2980,"_type":174,"marks":3021,"text":3022},[],"Knowing the rules alone will not fix the underlying issue. Instead, building CPF into your payroll processes automates calculations, making the workflow faster, more accurate, and easier to manage.",[],{"_key":2985,"_type":170,"children":3025,"markDefs":3029,"style":190},[3026],{"_key":1189,"_type":174,"marks":3027,"text":3028},[],"This guide will help you build accurate, adaptable payroll processes that keep pace with a growing workforce. 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