CPF Contribution Rates from 2025 onwards
Effective 01 Sep 2023, the CPF contribution rates for employees aged above 55 to 65 are increased to strengthen their retirement adequacy. For 2025, the changes apply to wages earned from 01 January 2025:
1. Increase in CPF Ordinary Wage ceiling from 1 January 2025
(a) The CPF Ordinary Wage (OW) ceiling limits the amount of OW that attract CPF contributions in a calendar month for all employees. The OW ceiling will be raised to $8,000 by 2026. The increase took place in four phases since 1 Sept 2023 to allow employers and employees to adjust to the changes.
(b) No change will be made to the CPF annual salary ceiling of $102,000, which sets the maximum amount of CPF contributions payable for all salaries received in the year, inclusive of both Ordinary Wages and Additional Wages.
(c) There will be no changes to the Additional Wage ceiling and CPF Annual Limit, where they will remain at [$102,000 – Total Ordinary Wage subject to CPF for the year] and $37,740 respectively.
Please refer to the table below for the CPF OW and annual salary ceilings from 2023 to 2026.
CPF ow ceiling | cpf annual salary ceiling | |
|---|---|---|
FROM 01 JAN 2016 TO 31 AUG 2023 | $6,000 | $102,000 |
FROM 01 SEP 2023 TO 31 DEC 2023 | $6,300 (+$300) | $102,000 |
FROM 01 JAN TO 31 DEC 2024 | $6,800 (+$500) | $102,000 |
FROM 01 JAN TO 31 DEC 2025 | $7,400 (+$600) | $102,000 |
FROM 01 JAN 2026 | $8,000 (+$600) | $102,000 |
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