Changes to CPF and Donation Fund From 1st January 2015

Changes to CPF and Self-Help Groups Contribution Rates

With effect from 1st January 2015, the employee and employer CPF contribution rates for the following category of workers will be revised upwards:

Age Group (Years)      Employer’s Share       Employee’s Share
  50 and below                    +1.0%                             -
  Above 50-55                     +2.0%                        +0.5%
  Above 55-60                     +1.5%                             -
  Above 60-65                     +1.5%                             -
  Above 65                         +1.0%                              -

Click here for more details.

New Self-Help Groups (SHGs) Contribution Rates

The Chinese Development Assistance Council (CDAC), Eurasian Association (EA) and Singapore Indian Development Association (SINDA) are Self-Help Groups (SHGs) set up to uplift the less privileged and low income households in the Chinese, Eurasian and Indian communities respectively.

Over the years, the programmes and assistance schemes managed by these SHGs expanded to meet the growing needs of the community. Hence, to ensure sustainability, the SHGs will be revising the individual’s monthly contribution rates to the CDAC Fund, ECF and SINDA fund with effect from 1st January 2015.

Click here for more detail on "SHGs Contribution Rates".