CPF contribution rates 2026: 37% for age 55 and below
Employer 17%, employee 20%, on the first SGD 8,000 of monthly wages. Rates for workers above 55 to 65 rose on 1 January 2026 — full table and calculator below.
Contribution rates by age
From 1 Jan 2026For Singapore Citizens and PRs (third year onwards) earning more than SGD 750 a month · Source: CPF Board
| Employee's age | Total | Employer | Employee | Change vs 2025 |
|---|---|---|---|---|
| 55 and below | 37% | 17% | 20% | Unchanged |
| Above 55 to 60 | 34% | 16% | 18% | +1.5 pts |
| Above 60 to 65 | 25% | 12.5% | 12.5% | +1.5 pts |
| Above 65 to 70 | 16.5% | 9% | 7.5% | Unchanged |
| Above 70 | 12.5% | 7.5% | 5% | Unchanged |
PR graduated rates — first and second year
New Singapore Permanent Residents and their employers pay lower graduated rates during the first two years of PR status; the full rates above apply from the third year. The table shows the Graduated employer / Graduated employee (G/G) schedule for monthly wages above SGD 750 — these graduated rates have been unchanged since 1 January 2016.
| Employee's age | 1st year total | Employer / Employee | 2nd year total | Employer / Employee |
|---|---|---|---|---|
| 55 and below | 9% | 4% / 5% | 24% | 9% / 15% |
| Above 55 to 60 | 9% | 4% / 5% | 18.5% | 6% / 12.5% |
| Above 60 to 65 | 8.5% | 3.5% / 5% | 11% | 3.5% / 7.5% |
| Above 65 | 8.5% | 3.5% / 5% | 8.5% | 3.5% / 5% |
How much goes into CPF?
Enter your monthly wage — the 2026 rates, wage ceiling and CPF rounding rules are applied automatically.
| Breakdown | Amount | Rate |
|---|---|---|
| Employer pays | SGD 1,020 | 17% |
| You contribute | SGD 1,200 | 20% |
| Your take-home pay | SGD 4,800 | — |
How each contribution is split between accounts
Every dollar paid into CPF is divided between the Ordinary, Special (or Retirement, from 55) and MediSave Accounts. The split shifts toward healthcare and retirement as you age. Ratios below are the share of each contribution, from 1 January 2026.
| Employee's age | Ordinary Account | Special / Retirement | MediSave |
|---|---|---|---|
| 35 and below | 62.17% | 16.21% (SA) | 21.62% |
| Above 35 to 45 | 56.77% | 18.91% (SA) | 24.32% |
| Above 45 to 50 | 51.36% | 21.62% (SA) | 27.02% |
| Above 50 to 55 | 40.55% | 31.08% (SA) | 28.37% |
| Above 55 to 60 | 35.3% | 33.82% (RA) | 30.88% |
| Above 60 to 65 | 14% | 44% (RA) | 42% |
| Above 65 to 70 | 6.07% | 30.3% (RA) | 63.63% |
| Above 70 | 8% | 8% (RA) | 84% |
When CPF must be paid
EmployersPayment deadlines and late-payment consequences · Source: CPF Board
CPF interest rates at a glance
For Q4 2026 (1 Oct – 31 Dec 2026), the Ordinary Account earns 2.5% per annum and the Special, MediSave and Retirement Accounts earn 4.0% per annum. Extra interest on the first SGD 60,000 of balances lifts effective rates to as much as 5.0% below 55, and 6.0% from 55.
Open the CPF interest rate trackerHow CPF contributions work
Two things. Total contribution rates for workers above 55 to 60 rose from 32.5% to 34%, and for above 60 to 65 from 23.5% to 25% — the increase goes fully to the Retirement Account, up to the Full Retirement Sum. Separately, the Ordinary Wage ceiling rose from SGD 7,400 to SGD 8,000 a month, the final step of the increase announced in Budget 2023.
Yes. Bonuses, commissions and similar payments are Additional Wages (AW), and attract CPF at the same rates as salary — up to the AW ceiling, which is SGD 102,000 minus your CPF-payable Ordinary Wages for the year. For example, on a SGD 6,000 monthly salary, SGD 72,000 of Ordinary Wages attract CPF, leaving an AW ceiling of SGD 30,000 — so a bonus up to SGD 30,000 attracts CPF in full, and anything above it does not.
Contributions are payable on Ordinary Wages up to SGD 8,000 a month from 1 January 2026. There is also an annual salary ceiling of SGD 102,000, which caps the total Ordinary and Additional Wages (such as bonuses) that attract CPF in a year.
Wages of SGD 50 or less attract no CPF. Between SGD 50 and SGD 500, only the employer contributes. Between SGD 500 and SGD 750, the employer pays the full rate while the employee share is phased in gradually — the calculator above applies these bands automatically.
Each contribution is split between the Ordinary Account (housing, education, investment), the Special Account (retirement) and MediSave (healthcare). From 55, the Special Account share goes to the Retirement Account instead. The split shifts toward MediSave and retirement savings as you age — see the allocation table above.
Not immediately. Lower graduated rates apply during the first two years of PR status — see the PR table above. Full rates apply from the third year, or earlier if the employer and employee jointly apply to CPF Board to contribute at full rates.
Yes — since 2025, CPF contributions are mandatory for platform workers (ride-hail and delivery) born on or after 1 January 1995, with rates phasing in over five years to match employee and employer rates (20% and 17%) by 2029. In 2026, the platform operator's share is up to 7.0% and the worker's share up to 15.5%, depending on age. Workers born before 1995 can opt in (irreversibly); otherwise only MediSave contributions apply. Lower-income workers earning SGD 3,000 or less receive transition support that offsets most of the 2026 increase.
Self-employed persons with annual net trade income above SGD 6,000 must contribute to MediSave, at rates that depend on age and income. Contributions to the Ordinary and Special Accounts are voluntary. Refer to CPF Board for the MediSave contribution schedule.
For Q4 2026, the Ordinary Account earns 2.5% per annum and the Special, MediSave and Retirement Accounts earn 4.0% per annum, with extra interest on the first SGD 60,000 of balances lifting effective rates to as much as 5.0% below 55 and 6.0% from 55. See the full breakdown, rate history and interest estimator on our CPF interest rate tracker.
Yes. CPF Board has announced a further increase for workers above 55 to 65 taking effect on 1 January 2027, again allocated fully to the Retirement Account up to the Full Retirement Sum.
Important Disclaimer
For educational and informational purposes only. This page produces estimates based on the inputs provided and the official CPF Board contribution rates effective 1 January 2026 for Singapore Citizens and Permanent Residents (third year onwards): a total of 37% of wages for employees aged 55 and below (17% employer, 20% employee), 34% for above 55 to 60 (16% / 18%), 25% for above 60 to 65 (12.5% / 12.5%), 16.5% for above 65 to 70 (9% / 7.5%) and 12.5% above 70 (7.5% / 5%), applying to monthly wages above SGD 750. Contributions are payable on Ordinary Wages up to SGD 8,000 per month, subject to an annual salary ceiling of SGD 102,000. Calculator results apply CPF rounding (total contribution rounded to the nearest dollar; cents dropped from the employee's share) and the phased-in employee rates for wages between SGD 500 and SGD 750.
No warranty of accuracy. While Money Snap takes reasonable care to source figures from official authorities (CPF Board, Ministry of Manpower), this page is provided "as is" without any express or implied warranty as to accuracy, completeness, timeliness, or fitness for any particular purpose. Contribution rates, wage ceilings and allocation ratios change from time to time — a further increase for workers above 55 to 65 takes effect on 1 January 2027 — and circumstances not captured by the inputs, including graduated rates for Permanent Residents in their first two years, Additional Wages such as bonuses, multiple employers, or platform and self-employed arrangements, may materially affect actual contributions payable.
Not financial or tax advice. Information provided is general in nature only and does not take into account your personal or business circumstances. Results do not constitute financial, tax, legal or payroll advice and use of this page does not create an advisory relationship. Before relying on any figure shown, verify with the CPF Board's official calculators and tables, or obtain personalised advice from a qualified professional.
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