Central Provident Fund (CPF) contributions

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instanceOf mandatory savings scheme
gptkbp:administeredBy gptkb:Central_Provident_Fund_Board
gptkbp:appliesTo Singaporean citizens
Singapore permanent residents
gptkbp:compatibleWith foreign workers
gptkbp:contributedTo employers
employees
gptkbp:contributionRateDependsOn age
employment status
wage level
gptkbp:country gptkb:Singapore
gptkbp:currency gptkb:Singapore_Dollar_(SGD)
gptkbp:employerObligation remit contributions by 14th of following month
gptkbp:establishedIn 1955
gptkbp:frequency monthly
gptkbp:fundsAllocatedTo gptkb:Ordinary_Account
gptkb:Retirement_Account
gptkb:Special_Account
MediSave Account
https://www.w3.org/2000/01/rdf-schema#label Central Provident Fund (CPF) contributions
gptkbp:legalBasis Central Provident Fund Act
gptkbp:mainInterest varies by account type
Special/Medisave/Retirement Account: up to 5% per annum
Ordinary Account: up to 3.5% per annum
gptkbp:penalty fines
prosecution
gptkbp:purpose housing finance
retirement savings
healthcare financing
gptkbp:relatedTo gptkb:CPF_LIFE
gptkb:ElderShield
MediShield Life
Dependants' Protection Scheme (DPS)
Home Protection Scheme (HPS)
Supplementary Retirement Scheme (SRS)
Workfare Income Supplement (WIS)
gptkbp:requires salaried employees
gptkbp:taxStatus tax-exempt returns
gptkbp:usedFor medical expenses
education financing
public housing purchase
retirement payouts
gptkbp:voluntaryFor self-employed persons
gptkbp:website https://www.cpf.gov.sg
gptkbp:withdrawalPermittedAt statutory retirement age
gptkbp:withdrawalPermittedFor housing
medical emergencies
retirement
gptkbp:bfsParent gptkb:Singapore_Permanent_Residents
gptkbp:bfsLayer 8