Central Provident Fund

CPF Contribution Changes From 1 January 2026- Updated Rates, Wage Ceiling, And Impact On Employers & Employees

by
CPF Contribution Changes From 1 January 2026- Updated Rates, Wage Ceiling, And Impact On Employers & Employees

Starting 1 January 2026, significant adjustments to the Central Provident Fund (CPF) will take effect, impacting both employees and employers in Singapore. These changes aim to enhance retirement adequacy and align contribution ceilings with rising wages. 1. Increase in CPF Ordinary Wage (OW) Ceiling The CPF Ordinary Wage ceiling determines the maximum monthly salary amount subject to Central Provident … Read more

Singaporeans Rejoice- First-Time CPF Withdrawers To Get $1,800 Cash Payout – Check If You Qualify

by
Singaporeans Rejoice- First-Time CPF Withdrawers To Get $1,800 Cash Payout – Check If You Qualify

In a recent update that has brought relief to many Singaporeans, first-time CPF withdrawers are now eligible for a $1,800 cash payout. This benefit is part of the government’s broader initiative to provide financial flexibility and support to CPF members, especially during emergencies or significant life events. The Central Provident Fund (CPF) is Singapore’s mandatory savings scheme that helps residents save … Read more