CNA Explains: What does a higher CPF monthly salary ceiling mean for you? | Video
02:55 Min
The CPF monthly salary ceiling will be raised in stages from S$6,000 to S$8,000 by 2026, Singapore Deputy Prime Minister and Finance Minister Lawrence Wong announced in his Budget statement on Tuesday (Feb 14).
How does it affect your CPF contributions, your employer’s CPF contributions - and how does it affect your take-home pay? We explain it here.
17 Feb 2023 06:00am
The CPF monthly salary ceiling will be raised in stages from S$6,000 to S$8,000 by 2026, Singapore Deputy Prime Minister and Finance Minister Lawrence Wong announced in his Budget statement on Tuesday (Feb 14).
How does it affect your CPF contributions, your employer’s CPF contributions - and how does it affect your take-home pay? We explain it here.
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