For employees obtaining Permanent Residency mid-month:
Monthly Salary liable for CPF contributions will be prorated based on the following formula:
Manually added & recurring pay items liable for CPF contributions will be prorated based on the following formula:
Additional Wage Ceiling CPF Contributions:
$102,000 – Total Ordinary Wage subject to CPF for the year.
You may refer to the table below for the subjected CPF amount for the respective years :
Overtime Hourly Rate (based on basic salary, recommended by MOM):