Budget 2025: CPF contribution rates for workers aged 55 to 65 to go up 1.5 percentage points in 2026
01:52 Min
Senior workers aged 55 to 65 will receive an increase in CPF contribution rates by 1.5% in 2026. Employers who hire Singaporean seniors aged 60 and above, and earning less than S$4,000 a month, will also receive a one-year extension in the Senior Employment Credit to offset wages.
18 Feb 2025 07:51pm
Senior workers aged 55 to 65 will receive an increase in CPF contribution rates by 1.5% in 2026. Employers who hire Singaporean seniors aged 60 and above, and earning less than S$4,000 a month, will also receive a one-year extension in the Senior Employment Credit to offset wages.
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