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Central Provident Fund Act

(Chapter 36, Section 77(1))

Central Provident Fund
(Permanent Residents — Employees)
Regulations

Rg 21

G.N. No. S 321/1995

REVISED EDITION 1998

(1st January 1998)

Citation

1. These Regulations may be cited as the Central Provident Fund (Permanent Residents — Employees) Regulations.

Definitions

2.—(1) In these Regulations —

“foreign employee” means an employee employed in Singapore on —

(a)	an employment pass or a professional visit pass issued by the Controller of Immigration under the Immigration Regulations (Cap. 133, Rg 1); or
(b)	a work permit issued by the Controller of Work Permits under the Employment of Foreign Workers Act (Cap. 91A);

“permanent resident” means a person who holds a valid entry permit or re-entry permit issued by the Controller of Immigration under the Immigration Act (Cap. 133).

(2) These Regulations shall not apply to contributions in respect of an employee who is a member of an approved employees’ scheme or an employee of the Government.

Contributions in respect of foreign employees

3.—(1) The contributions payable in respect of a foreign employee during the first 2 years after he becomes a permanent resident shall be in accordance with the rates set out in the Schedule instead of the rates set out in the First Schedule to the Act, and such contributions shall be payable from the day on which the foreign employee becomes a permanent resident.

(2) Notwithstanding paragraph (1), where —

(a)	the contributions paid in respect of a foreign employee immediately before the employee becomes a permanent resident were at the rates set out in the First Schedule to the Act; or
(b)	the employer and the foreign employee have agreed in writing that the contributions payable in respect of the employee shall be at the rates set out in the First Schedule to the Act and have, in the manner determined by the Board, informed the Board of that agreement,

the rates of contribution set out in the First Schedule to the Act shall apply.