Statutory and legislative payroll changes in Singapore, each linked to the page it was checked against. For information only, not legal or tax advice: confirm details with the source before acting. See the terms.
CPF rates rise for employees above 55 to 65
Effective 1 Jan 2026
From 1 January 2026 CPF contribution rates are 16% employer and 18% employee (34% total) for employees above 55 to 60, and 12.5% employer and 12.5% employee (25% total) for employees above 60 to 65.
For the employer
- Update CPF rate tables for employees aged above 55 to 65 from January 2026 wages.
For the employee
- Employees above 55 to 65 see higher CPF deductions and employer contributions.
Different rates apply for different wage bands.
Source: CPF Board - How much CPF contributions to pay · Last verified 1 October 2026
CPF Ordinary Wage ceiling at SGD 8,000 a month
Effective 1 Jan 2026
From 1 January 2026 CPF is payable on monthly ordinary wages up to an OW ceiling of SGD 8,000, giving an annual ordinary wage ceiling of SGD 96,000 for 2026.
For the employer
- Cap ordinary wage CPF at SGD 8,000 per month; for employees 55 and below, maximum monthly contributions are SGD 1,360 employer and SGD 1,600 employee.
For the employee
- CPF deduction on ordinary wages is capped at SGD 1,600 a month for employees 55 and below.
In practice: SGD 8,000 x 20% = SGD 1,600 employee; SGD 8,000 x 17% = SGD 1,360 employer.
Source: PwC Worldwide Tax Summaries - Singapore, Individual - Other taxes · Last verified 1 October 2026