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Diana Yuen

2d ago

∙

CPF Contribution rates for seniors

Our government encourage more seniors to continue working after the standard retirement age. But the Employer CPF contribution rate for age 65 to 70 years has decreased drastically by 3.5% from 12.5% to 9.0% once they reached age 65. The Employer CPF contribute rate should be 12.5% from age group 60 to 70 years. Our government should review and adjust the CPF contribution rate immediately.

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Shirley

10h ago

Employer CPF does drop from 12.5% to 9% after age 65, so I can see why some feel this should be reviewed as more seniors continue working

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1M45

2d ago

It simply makes older workers cheaper to employ—it's essentially a state-backed 'discount' for companies.

It exposes a harsh reality: businesses often view hiring seniors as a cost burden rather than an investment in experience and value.

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I am already 55, and have done my CPF ERS. Since I am still working and have contributions to my CPF SA and OA, may I know can I still transfer my CPF from OA to SA to earn higher interest rate?

If you are at 60 and above, what is the rate of CPF contribution if your salary is $2400?

'Voluntary CPF contributions does not count towards the 3 CPF Retirement Sum'. So this just means that we have to continue working and rely on the monthly mandatory CPF contributions from our jobs?

Can I volunteer to contribute all my CPF account (OA,SA,MA) as an employee? Can I also contribute my child all CPF OA,SA,MA? I had contributed SA or MA for my child and me before.

What happens when I’ve contributed more than the annual limit of $37,740? Will my employer continue to make CPF contributions, or there’s no further CPF contributions from me and my employer?

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