(including employer s CPF contribution)
20 per cent + 17 per cent (Self + Employer) Note: CPF contribution rates change according to different age bands in order to cater to different needs at different life stages.
^CPF contributions are computed based on total salary earned by an employee in a month. Hence, CPF contributions are computed based on the total salary of $3,875.21 (which excludes employer’s CPF contributions of 17 per cent of total salary i.e. $658.79).
Sally’s monthly CPF contribution
We’ve established earlier that Sally’s salary (excluding employer’s CPF contribution) is $3,875.21.
Using CPF’s contribution calculator, here’s how much goes into her CPF every month: