CPF Contribution Calculator
Calculate monthly CPF contributions split across Ordinary, Special, and Medisave accounts. Employee + employer contributions.
Wage Details
Assumes employee under age 55, Singapore Citizen or PR (≥3 yrs). Ordinary Wage basis only — bonuses (Additional Wage) attract CPF separately up to the annual combined S$102,000 cap.
CPF Contribution
Your Monthly Contribution
S$1,200
20% of S$6,000
Employer Monthly
S$1,020
Total Monthly
S$2,220
Your Annual
S$14,400
Employer Annual
S$12,240
Combined Annual
S$26,640
Take-Home (approx)
S$4,800
How CPF works
The Central Provident Fund (CPF) is Singapore's mandatory social security savings system for Citizens and Permanent Residents. Both employees and employers contribute every month. The combined contribution flows into three accounts: Ordinary Account (OA) for housing + education + investment, Special Account (SA) for retirement (closed 2025 — rolls into RA), and Medisave (MA) for healthcare.
2026 contribution rates
Under age 55: employee 20%, employer 17% = 37% total. Rates step down with age: 55–60 (31%), 60–65 (22%), 65–70 (16.5%), 70+ (12.5%). These are the highest mandatory retirement contribution rates among major economies — a key reason Singapore retirees generally don't need external pensions.
Ordinary Wage ceiling
Wages above the monthly OW ceiling attract no CPF. The ceiling is rising: S$6,800 (2024) → S$7,400 (2025) → S$8,000 (from Jan 2026). Bonuses fall under the Additional Wage ceiling, with the combined annual cap at S$102,000.
Using CPF for property
Your OA can fund HDB/private property down payment, mortgage instalments, stamp duty, and legal fees. The Valuation Limit and Withdrawal Limit cap total OA usage — and any amount used must be refunded with accrued 2.5% interest when the property sells. Watch this if you plan to downgrade for retirement cash.
Frequently Asked Questions
Everything you need to know, in one place.
What are the CPF contribution rates?
Under age 55 Singapore Citizen/PR: employee 20%, employer 17% — total 37% of ordinary wages. Rates step down from age 55 (31%), 60 (22%), 65 (16.5%), 70 (12.5%).
What is the CPF Ordinary Wage ceiling?
Monthly ceiling rising from S$6,800 (2024) to S$7,400 (2026) to S$8,000 (from Jan 2026). Wages above the ceiling attract no CPF. Annual ceiling combines OW + AW (bonuses) at S$102,000 total.
How is CPF split across OA/SA/MA?
Under 35: OA 23%, SA 6%, MA 8% (as % of wages). Allocation shifts toward MA and RA as you age. SA closed from 2025, balance moves to RA at 55.
Can I use CPF for a house?
Yes — your OA can fund HDB/private property down payment, mortgage, stamp duty. Withdrawal limits apply; any amount used must be refunded (with 2.5% interest) when the property is sold.
What interest does CPF pay?
Ordinary Account: 2.5% p.a. Special/MediSave/Retirement Accounts: 4.0% p.a. First S$60,000 (S$20k of which from OA) gets an additional 1% — so effective 3.5%/5.0% for younger members. From age 55, an additional 1% applies on the first S$30,000 of RA/OA/SA/MA combined. These rates are guaranteed by the government. Voluntary top-ups attract the same rates — one of the safest 4%-5% returns anywhere in the world.
Can I top up my CPF for tax relief?
Yes via the Retirement Sum Topping-Up (RSTU) Scheme. Cash top-ups to your own or loved ones' SA/RA qualify for up to S$8,000 tax relief per recipient annually. Separately, voluntary contributions to MediSave qualify for up to S$8,000 tax relief. Combined ceiling: total CPF tax reliefs capped at S$80,000 Personal Income Tax Relief. Most cost-effective for high-marginal-rate earners to top up early and capture 30+ years of 4% compounding plus immediate tax savings.
Related Calculators
View all →Found this helpful?
Share it with a friend — they'll probably find it useful too.