No. S 1020
Central Provident Fund Act
(CHAPTER 36)
Central Provident Fund
(Self-Employed Persons)
(Amendment) Regulations 2021
In exercise of the powers conferred by section 77(1) of the Central Provident Fund Act, the Minister for Manpower, after consulting with the Central Provident Fund Board, makes the following Regulations:
Citation and commencement
1.  These Regulations are the Central Provident Fund (Self‑Employed Persons) (Amendment) Regulations 2021 and come into operation on 1 January 2022.
Deletion of regulation 17AA
2.  Regulation 17AA of the Central Provident Fund (Self‑Employed Persons) Regulations (Rg 25) is deleted.
Amendment of Second Schedule
3.  The Second Schedule to the Central Provident Fund (Self‑Employed Persons) Regulations is amended —
(a)by deleting paragraph 1 and substituting the following paragraph:
 
  “1.  Subject to paragraphs 2, 3 and 4, with effect from 1 January 2022, the contributions payable by a Member of Parliament are as follows:
Amount of the total allowance or honorarium, and additional allowance, of the Member of Parliament for the calendar month
Contributions payable by the Member of Parliament for the calendar month
 
55 years of age
and below
Above 55
but not more than
60 years of age
Above 60
but not more than
65 years of age
Above 65
but not more than
70 years of age
Above 70 years of age
(1)
(2)
(3)
(4)
(5)
(6)
Not exceeding $500
Nil
Nil
Nil
Nil
Nil
Exceeding $500 but not exceeding $750
An amount equal to 0.6 of the difference between —
An amount equal to 0.42 of the difference between —
An amount equal to 0.255 of the difference between —
An amount equal to 0.18 of the difference between —
An amount equal to 0.15 of the difference between —
 
(a)the sum of the total allowance or honorarium of the Member of Parliament for the month and any additional allowance of the Member of Parliament payable in the month; and
(a)the sum of the total allowance or honorarium of the Member of Parliament for the month and any additional allowance of the Member of Parliament payable in the month; and
(a)the sum of the total allowance or honorarium of the Member of Parliament for the month and any additional allowance of the Member of Parliament payable in the month; and
(a)the sum of the total allowance or honorarium of the Member of Parliament for the month and any additional allowance of the Member of Parliament payable in the month; and
(a)the sum of the total allowance or honorarium of the Member of Parliament for the month and any additional allowance of the Member of Parliament payable in the month; and
 
(b)$500.
(b)$500.
(b)$500.
(b)$500.
(b)$500.
Exceeding $750
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 —
An amount equal to the sum of —
 
(a)20% of the total allowance or honorarium of the Member of Parliament for the month, subject to a maximum of $1,200; and
(a)14% of the total allowance or honorarium of the Member of Parliament for the month, subject to a maximum of $840; and
(a)8.5% of the total allowance or honorarium of the Member of Parliament for the month, subject to a maximum of $510; and
(a)6% of the total allowance or honorarium of the Member of Parliament for the month, subject to a maximum of $360; and
(a)5% of the total allowance or honorarium of the Member of Parliament for the month, subject to a maximum of $300; and
 
(b)20% of any additional allowance of the Member of Parliament payable in the month.
(b)14% of any additional allowance of the Member of Parliament payable in the month.
(b)8.5% of any additional allowance of the Member of Parliament payable in the month.
(b)6% of any additional allowance of the Member of Parliament payable in the month.
(b)5% of any additional allowance of the Member of Parliament payable in the month.”; and
(b)by deleting the words “or 65 years” in paragraph 4(a) and substituting the words “, 65 or 70 years”.
[G.N. Nos. S 321/2007; S 506/2007; S 745/2007; S 146/2008; S 513/2008; S 153/2010; S 484/2010; S 817/2010; S 507/2011; S 727/2011; S 45/2012; S 275/2012; S 439/2012; S 825/2013; S 859/2014; S 751/2015; S 194/2016; S 719/2017; S 898/2018; S 885/2019; S 348/2020]
Made on 28 December 2021.
AUBECK KAM
Permanent Secretary,
Ministry of Manpower,
Singapore.
[Plg&Pol/CPFPol/Legis/CPFSL/2021; AG/LEGIS/SL/36/2020/24 Vol. 1]
(To be presented to Parliament under section 78(2) of the Central Provident Fund Act).
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