Get Cpf Form

The CPF is an employment-based savings scheme with the help of employers and employees contributing a mandated amount to the fund for their benefits. It is administered by the Central Provident Fund Board, a statutory board operating under the Ministry of Manpower which is responsible for investing contributions.

Who is exempted from receiving CPF contributions. From certain schools, Madrasahs, private, or overseas tertiary education institutions. Persons who are not Singapore Citizens or Singapore Permanent Residents. With employment not exceeding 14 hours in any week.

From 1 January 2003, CPF contributions are exempted for foreign employees as they may not retire here in Singapore. Therefore, CPF contributions are only payable for Singapore Citizens and SPRs.

CPF contributions are required on wages payable to any Singapore Citizen or Permanent Resident employee working in Singapore, even if the contract is signed overseas.

Penalties for not paying CPF If you don't pay by 14th of the following month, you may be liable to: Late payment interest charged at 18% per annum (1.5% per month), starting from the first day of the following month after the contributions are due. The minimum interest payable is $5 per month.

Answer: To apply for a CPF Submission Number (CSN), log on to .bizfile.gov.sg using your CorpPass. Under “File eServices”, click on Others > Apply for CPF CSN. There is no fee payable for filing this transaction.

Form to be used by Head of Office for Final Payment/transfer of balances in the General/Contributory Provident Fund Account to Autonomous Bodies/Other Governments - Form 1. Form of application for final payment of balance in the Provident Fund Account on death of a Subscriber - Form 2.

FAQs. How do I pay my CPF contributions? As an employee, you need not do anything as your employer is required to pay the employer's and employee's share of CPF contributions to CPF Board on a monthly basis.