How are CPF contributions calculated?

CPF contributions are calculated by applying the contribution rate for your age group to your capped monthly income. Income above the prevailing CPF income ceiling is not subject to contributions. The total contribution is then distributed across your Ordinary Account (OA), Special Account (SA), and MediSave Account (MA) based on distribution rates for your age group.

What is the CPF income ceiling for 2026?

The CPF income ceiling is S$8,000 per month from January 2026. This is the final step of the progressive increase from S$6,000 (pre-September 2023) announced in Budget 2023.

How much do I contribute to CPF as an employee aged 55 and below?

Employees aged 55 and below contribute 20% of their capped monthly salary to CPF, while employers contribute 17%, for a total of 37%. Income above the ceiling is not subject to CPF contributions.

Does my age affect my CPF contribution rate?

Yes. CPF contribution rates step down as you age. There are 8 age brackets: 55 and below (37% total), above 55 to 60 (34% total), above 60 to 65 (25% total), above 65 to 70 (16.5% total), and above 70 (12.5% total). The allocation across accounts also shifts: older workers see more allocated to MediSave rather than the Ordinary Account, and from 55 the middle share goes to the Retirement Account rather than the Special Account. Rates shown are those effective 1 January 2026.

This month

Where this month's money went

You keep $4,000.00 of $5,000.00. $1,000.00 came out of your pay and your employer added $850.00 on top of it, so $1,850.00 goes into your accounts.

Illustrative figures for $5,000 a month at 32, enter your own numbers on the left.

$4,000.00

80% of gross

$1,000.00

20% of $5,000

$850.00

17%, on top of pay

$1,850.00

37% of $5,000

Ordinary 62.2%

Special 16.2%

MediSave 21.6%

Ordinary Account

$1,150.14

Housing, mortgage, insurance, education. 2.50% a year. Anything used for a home accrues interest until you sell.

Special Account

$299.88

Retirement savings, 4.00% a year plus extra interest on the first $60,000 combined. Closes on your 55th birthday, when savings move to a Retirement Account.

MediSave Account

$399.97

Hospital bills and approved insurance. 4.00% a year, capped at the Basic Healthcare Sum; anything above it overflows.

Your take-home

$4,000.002026$4,000.002025 ceiling

Total into CPF

$1,850.002026$1,850.002025 ceiling

Your salary sits below both the 2025 and 2026 ceilings, so the increase changed nothing for you.

01Ordinary wages only. Bonuses sit under the $102,000 annual ceiling.
02Citizen or PR from the 3rd year, earning above $750 a month.
03Ordinary wage ceiling of $8,000, effective 1 January 2026.
04Shown to the cent. CPF rounds the total contribution to the nearest dollar.

Estimates only, not financial advice. Check against your CPF statement.

The CPF income ceiling is the maximum amount of monthly salary subject to CPF contributions. Any income above this ceiling is not subject to CPF, meaning both employee and employer do not pay CPF on the excess amount.

Following Singapore's Budget 2023, the CPF income ceiling is rising progressively from S$6,000 (pre-September 2023) to S$8,000 (January 2026) in stages:

September 2023: S$6,000 → S$6,300
January 2024: S$6,300 → S$6,800
January 2025: S$6,800 → S$7,400
January 2026: S$7,400 → S$8,000

For higher-income earners, each ceiling increase means more of their salary becomes subject to CPF contributions. While take-home pay decreases slightly, total retirement savings (including employer contributions) increase.

Where this month's money went

How $1,850.00 is distributed

Why January's pay looked different

What this assumes

What is the CPF Income Ceiling?