Budget 2023: CPF contributions for seniors to continue rising, but payout for retirees also increased
asiaone.com
Budget 2023: CPF contributions for seniors to continue rising, but payout for retirees also increased
SINGAPORE - The Central Provident Fund (CPF) monthly salary ceiling will be raised in stages to $8,000 by 2026 so that it keeps pace with rising salaries and helps middle-income Singaporeans save more for their retirement. The CPF monthly salary ceiling caps the quantum of ordinary wages that would attract CPF contributions, and is currently ...
Feb 14, 2023
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