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Higher CPF contribution rates for older workers will come from both employers and employeesSINGAPORE - The increases to the Central Provident Fund (CPF) contribution rates for older workers from January 1, 2021 onward will come from both employers and employees.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Employers, older workers to chip in for CPF rate hike from 2021The move to bolster retirement savings of Singaporeans will see both employers and employees paying for the hikes in the Central Provident Fund (CPF) contribution rates for older workers from Jan 1, 2021.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Firms looking for support in next Budget for upcoming CPF hikes for older workersSome said the cost was likely to be manageable as the rise would be gradual, over 10 years or so from 2021, and older workers formed a smaller part of their workforce.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Up to 2 points total CPF hike for older workers in Jan 2021CENTRAL Provident Fund (CPF) contribution hikes for older workers will kick off on Jan 1, 2021, with employers and employees each increasing their contribution by either 0.5, or 1 percentage point, depending on the age bands. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Explainer: How much your CPF contribution rates will increase in about a decade from nowSINGAPORE — At the National Day Rally on Sunday (Aug 18), Prime Minister Lee Hsien Loong announced that Central Provident Fund (CPF) contribution rates for workers aged between 55 and 70 will be raised.
Source: TODAYonline - 🏆 1. / 99 Read more »
Move to help seniors work longer, build up CPF savings a crucial first step: Josephine TeoSINGAPORE — With tough economic times ahead, Manpower Minister Josephine Teo has outlined the careful balance to be struck on the timing of incremental moves to add three years to retirement and re-employment ages, and to raise Central Provident Fund (CPF) contribution rates for older workers.
Source: TODAYonline - 🏆 1. / 99 Read more »