Your complete guide to understanding CPF contribution in Singapore.
The total CPF contribution in Singapore is determined by the official CPF contribution rate, which varies by age. This rate is applied to your monthly salary, up to the CPF contribution cap (also known as the Ordinary Wage Ceiling). Our CPF contribution calculator uses the latest 2025 rates to provide a precise breakdown of the employer contribution and your share.
This calculated amount is then distributed among your three CPF account types: the CPF Ordinary Account (for housing), CPF Special Account (for retirement), and CPF Medisave Account (for healthcare). This detailed view is crucial for financial planning, especially for understanding your retirement savings and potential CPF housing grant eligibility.
There are three types of CPF accounts. The CPF Ordinary Account (OA) can be used for housing, insurance, and investments. The CPF Special Account (SA) is primarily for old age and retirement-related investments. The CPF Medisave Account (MA) is for healthcare needs and approved medical insurance.
To perform a CPF balance check or view your CPF contribution history, you need to use the official CPF online services. You can do this by using your Singpass for CPF login on the official CPF Board website. They provide a secure portal to view all your details.
The CPF Retirement Sum (previously the Minimum Sum) is the amount you need to set aside in your Retirement Account at age 55. This sum will provide you with monthly payouts during retirement through CPF LIFE, an annuity scheme that gives you a lifelong monthly income to support your retirement needs.
Yes, your CPF Ordinary Account savings can be used for CPF housing usage, including downpayment and mortgage servicing for a property. You may also be eligible for a CPF housing grant. Additionally, under the CPF Investment Scheme (CPFIS), you can invest your OA and SA savings in a range of approved investment products.
A CPF nomination allows you to specify who will receive your CPF savings upon your death. Without a nomination, your CPF savings will be distributed by the Public Trustee's Office according to intestacy laws, which can be a longer process. You can complete your CPF nomination online via the CPF website.
There is no mandatory CPF contribution for foreigners on work passes. For CPF contribution self-employed persons (SEPs) who are Singapore Citizens or PRs and earn over S$6,000 a year, contributions to the Medisave Account are mandatory. SEPs can also make voluntary contributions to their three CPF accounts.
Yes, Singaporeans and PRs enjoy CPF tax relief on both mandatory contributions and voluntary contributions made under the Retirement Sum Topping-Up (RSTU) Scheme. This means your CPF top up can reduce your chargeable income, thus lowering your income tax for the year.