The CPF Contribution Rates will be increased by 0.5% and the salary ceiling will be increased to S$5,000. Both these changes will take effect from 1 Sep 2011. A summary of the new rates is provided below for employees who are Singapore Citizens and 3rd year (onwards) Singapore Permanent Residents who earn more than SGD 1500 per month.
Information is correct at time of publication. For more information, please visit the Central Provident Fund Board website.