2. In the First Schedule to the Central Provident Fund (Public Sector Employees) Regulations 2011 (G.N. No. S 106/2011) (called in these Regulations the principal Regulations) —(a) | in paragraph 1, replace “2022” with “2023”; | (b) | in paragraph 1, replace sub-paragraphs (i) and (ii) with — | “(i) | where the employee is not more than 60 years of age: |
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| | 55 years of age and below |
| Above 55 but not more than 60 years of age |
| | Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| | | | | | | An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| | (a) | 27.75% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 37% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $2,220; and |
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| (a) | 15% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 20% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $1,200; and |
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| (a) | 22.125% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 29.5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $1,770; and |
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| (a) | 11.25% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 15% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $900; and |
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| | (b) | 37% of the amount of any additional wages payable in the month. |
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| (b) | 20% of the amount of any additional wages payable in the month. |
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| (b) | 29.5% of the amount of any additional wages payable in the month. |
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| (b) | 15% of the amount of any additional wages payable in the month. |
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| (ii) | where the employee is above 60 years of age but not more than 70 years of age: |
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| | Above 60 but not more than 65 years of age |
| Above 65 but not more than 70 years of age |
| | Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| | | | | | | An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| | (a) | 15.375% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 20.5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $1,230; and |
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| (a) | 7.125% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 9.5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $570; and |
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| (a) | 11.625% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 15.5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $930; and |
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| (a) | 5.25% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 7% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $420; and |
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| | (b) | 20.5% of the amount of any additional wages payable in the month. |
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| (b) | 9.5% of the amount of any additional wages payable in the month. |
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| (b) | 15.5% of the amount of any additional wages payable in the month. |
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| (b) | 7% of the amount of any additional wages payable in the month.”; |
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| (c) | in paragraph 2, replace “2022” with “2023”; | (d) | in paragraph 2, replace sub-paragraphs (i) and (ii) with — | “(i) | where the employee is not more than 60 years of age: |
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| | 55 years of age and below |
| Above 55 but not more than 60 years of age |
| | Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| | | | | | | An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| | (a) | 16.5% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 22% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $1,320; and |
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| (a) | 3.75% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $300; and |
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| (a) | 14.625% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 19.5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $1,170; and |
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| (a) | 3.75% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $300; and |
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| | (b) | 22% of the amount of any additional wages payable in the month. |
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| (b) | 5% of the amount of any additional wages payable in the month. |
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| (b) | 19.5% of the amount of any additional wages payable in the month. |
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| (b) | 5% of the amount of any additional wages payable in the month. |
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| (ii) | where the employee is above 60 years of age but not more than 70 years of age: |
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| | Above 60 but not more than 65 years of age |
| Above 65 but not more than 70 years of age |
| | Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| | | | | | | An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| | (a) | 12% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 16% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $960; and |
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| (a) | 3.75% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $300; and |
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| (a) | 10.125% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 13.5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $810; and |
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| (a) | 3.75% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $300; and |
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| | (b) | 16% of the amount of any additional wages payable in the month. |
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| (b) | 5% of the amount of any additional wages payable in the month. |
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| (b) | 13.5% of the amount of any additional wages payable in the month. |
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| (b) | 5% of the amount of any additional wages payable in the month.”; |
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| (e) | in paragraph 3, replace “2022” with “2023”; | (f) | in paragraph 3, replace sub-paragraphs (i) and (ii) with — | “(i) | where the employee is not more than 60 years of age: |
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| | 55 years of age and below |
| Above 55 but not more than 60 years of age |
| | Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| | | | | | | An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| | (a) | 24% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 32% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $1,920; and |
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| (a) | 11.25% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 15% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $900; and |
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| (a) | 20.25% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 27% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $1,620; and |
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| (a) | 9.375% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 12.5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $750; and |
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| | (b) | 32% of the amount of any additional wages payable in the month. |
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| (b) | 15% of the amount of any additional wages payable in the month. |
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| (b) | 27% of the amount of any additional wages payable in the month. |
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| (b) | 12.5% of the amount of any additional wages payable in the month. |
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| (ii) | where the employee is above 60 years of age but not more than 70 years of age: |
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| | Above 60 but not more than 65 years of age |
| Above 65 but not more than 70 years of age |
| | Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| Contributions payable by the employer for the calendar month |
| Amount recoverable from the employee’s wages for the calendar month |
| | | | | | | An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| An amount equal to the sum of — |
| | (a) | 13.875% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 18.5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $1,110; and |
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| (a) | 5.625% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 7.5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $450; and |
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| (a) | 10.125% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 13.5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $810; and |
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| (a) | 3.75% of the employee’s ordinary wages for the month excluding the non‑pensionable element, and 5% of the non‑pensionable element of the employee’s ordinary wages for the month, subject to a maximum of $300; and |
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| | (b) | 18.5% of the amount of any additional wages payable in the month. |
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| (b) | 7.5% of the amount of any additional wages payable in the month. |
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| (b) | 13.5% of the amount of any additional wages payable in the month. |
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| (b) | 5% of the amount of any additional wages payable in the month.”; and |
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| (g) | in paragraph 15, replace “2022” with “2023”. |
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