Proportion of Active CPF Members Making Higher CPF Contributions after Wage Ceiling Increase

63 Mr Sanjeev Kumar Tiwari asked the Minister for Manpower what is the proportion of active CPF Members who had to make higher contributions when the CPF Ordinary Wage ceiling was raised from $6,000 in 2023 to $8,000 in 2026.

Dr Tan See Leng: About 20% of active Central Provident Fund (CPF) members benefitted from higher CPF contributions, from themselves as well as their employers, when the CPF Ordinary Wage ceiling was raised from $6,000 in 2023 to $8,000 in 2026.