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  #1  
July 14th, 2016, 12:28 PM
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CPF SG Contribution Rate

Hello sir I want to know about CPF SG Contribution Rate so here can you please give me its details ?
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  #2  
July 14th, 2016, 01:07 PM
Super Moderator
 
Join Date: Mar 2012
Re: CPF SG Contribution Rate

Hey as per your demand here I am giving you details of CPF SG Contribution Rate on the basis of Employee's age

Here I am giving you CPF SG Contribution Rate

Employee's age Contribution Rates from 1 Jan 2016
(years) (for monthly wages ≥ $750)
By Employer By Employee Total
(% of wage) (% of wage) (% of wage)

55 and below 17 20 37
Above 55 to 60 13 13 26
Above 60 to 65 9 7.5 16.5
Above 65 7.5 5 12.5


Employee's age Allocation Rates from 1 Jan 2016
(years) (for monthly wages ≥ $750)
Ordinary Account Special Account Medisave Account
(% of wage) (% of wage) (% of wage)

35 and below 23 6 8
Above 35 to 45 21 7 9
Above 45 to 50 19 8 10
Above 50 to 55 15 11.5 10.5
Above 55 to 60 12 3.5 10.5
Above 60 to 65 3.5 2.5 10.5
Above 65 1 1 10.5


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