Payroll Singapore: Increase in CPF Contribution Rates for Employees (2025)

Starting January 1, 2025, CPF contribution rates will increase for certain groups of employees.


Who Will Be Affected?
This update applies to employees aged 55 to 65 and will take effect for wages earned from January 1, 2025.

 

For more detailed information, please visit the CPF Board’s official website.

 

What Does This Mean for Payroll?
All payroll cycles in 2025 will automatically reflect the updated CPF contribution rates. The updated rates can be found in Tables 1 to 5 of the CPF contribution rate tables, effective from January 1, 2025.


For payroll cycles in 2024, the current CPF contribution rates will remain unchanged. The adjustments apply only to payroll cycles beginning in 2025.

 

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