CPF (Central Provident Fund)
Embed This Widget
Add the script tag and a data attribute to embed this widget.
Embed via iframe for maximum compatibility.
<iframe src="https://salaryfyi.com/iframe/glossary/cpf/" width="420" height="400" frameborder="0" style="border:0;border-radius:10px;max-width:100%" loading="lazy"></iframe>Paste this URL in WordPress, Medium, or any oEmbed-compatible platform.
https://salaryfyi.com/glossary/cpf/Add a dynamic SVG badge to your README or docs.
[](https://salaryfyi.com/glossary/cpf/)Use the native HTML custom element.
Singapore's mandatory social security savings scheme to which both employers and employees contribute, funding retirement, healthcare, and housing.
## CPF (Central Provident Fund)
CPF is Singapore's comprehensive social security system. Contributions fund three accounts: Ordinary (housing, insurance, education), Special (retirement), and Medisave (healthcare).
### Contribution Rates (Below 55, 2025)
| Party | Rate | Cap |
|-------|------|-----|
| Employee | 20% | Monthly wage ceiling $6,800 |
| Employer | 17% | Monthly wage ceiling $6,800 |
| **Total** | **37%** | — |
### Account Allocation
| Account | Share | Use |
|---------|-------|-----|
| Ordinary (OA) | 23% | Housing, insurance, education |
| Special (SA) | 6% | Retirement |
| Medisave (MA) | 8% | Healthcare |
### Impact on Compensation
CPF makes Singapore's effective social contribution rate one of the highest in Asia. A $6,800/month salary results in $1,360 employee contribution + $1,156 employer contribution, significantly affecting take-home pay and employer costs.