2. The First Schedule to the Central Provident Fund Act is amended —| (a) | by deleting paragraphs 2, 3, 3A and 4 and substituting the following paragraphs:“2.—(1) No contribution is payable by an employer on any part of the additional wages for any year after 2015 which is in excess of the applicable amount less the amount of ordinary wages from that employer for that year.(2) Where the contribution payable by an employer on additional wages for any year after 2015 (called in this sub-paragraph the current year) is being computed or recomputed before the end of the current year and while the employee is employed by that employer, no contribution is payable by that employer on any part of the additional wages which is in excess of an amount computed in either of the following ways, at the option of that employer:| (a) | the applicable amount less —| (i) | the amount of ordinary wages of the employee from that employer for the year immediately preceding the current year; and | | (ii) | the additional wages of the employee already paid by that employer for the current year; |
| | (b) | the applicable amount less —| (i) | the amount of ordinary wages which that employer expects to pay the employee for the current year; and | | (ii) | the additional wages of the employee already paid by that employer for the current year. |
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(3) The amount of contributions payable by an employer on the additional wages of an employee for any year after 2015 (called in this sub-paragraph the current year) must be computed or recomputed (as the case may be) in each of the following circumstances:| (a) | whenever any additional wages of the employee for the current year become due from that employer; | | (b) | at the end of the last month of the employee’s employment with that employer in the current year; | | (c) | if the employee is still employed by the employer on 31 December of the current year, at the end of that year. |
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3.—(1) If the Board has granted an application, made by or on behalf of 2 or more employers, to apply this paragraph in calculating the contributions from those employers on an employee’s additional wages for any year after 2015 (called in this sub-paragraph the current year), then each of those employers is, in that year —| (a) | a related employer of the employee; and | | (b) | a related employer in respect of each of those other employers. |
(2) The Board may grant an application mentioned in sub‑paragraph (1) if the Board is satisfied that the employers making the application —| (a) | are related in a manner approved by the Board; and | | (b) | meet any other requirements specified by the Board. |
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| (3) Despite paragraph 2(1), no contribution is payable on the part of an employee’s additional wages for any year after 2015 (called in this sub-paragraph the current year) that becomes due from a related employer of the employee on or after the date when the amount of the employee’s combined additional wages for that year, that have become due before that date, is equal to the applicable amount less the amount of the employee’s combined ordinary wages for the current year. |
(4) Sub-paragraph (5) applies where —| (a) | an employer is a related employer of an employee in a year after 2015 (called in this sub-paragraph the related year); and | | (b) | the contribution payable by the employer on the employee’s additional wages for the related year or the year immediately following the related year (called in this sub-paragraph and sub-paragraph (5) the current year) is being computed or recomputed —| (i) | before the end of the current year; and | | (ii) | at the time of the computation or recomputation, the employee is employed by that employer or a related employer in respect of that employer (as the case may be). |
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(5) Despite paragraph 2, no contribution is payable on the part of an employee’s additional wages for the current year that becomes due from an employer mentioned in sub-paragraph (4) on or after the date when —| (a) | if that employer is not the employee’s related employer in the current year, the amount of the employee’s additional wages that have become due in the current year from that employer; or | | (b) | if that employer is the employee’s related employer in the current year, the employee’s combined additional wages for the current year that have become due, |
| is equal to an amount computed in either of the following ways, at the option of the employer: |
| (i) | the applicable amount less the total of —| (A) | the employee’s ordinary wages from that employer or the employee’s combined ordinary wages (as the case may be) for the year immediately preceding the current year; and | | (B) | the employee’s additional wages from that employer or the employee’s combined additional wages (as the case may be) already paid for the current year; |
| | (ii) | the applicable amount less the total of —| (A) | the employee’s ordinary wages that the employer expects to pay the employee or the combined ordinary wages that the employer expects the employee to be paid (as the case may be) for the current year; and | | (B) | the employee’s additional wages or combined additional wages (as the case may be) already paid for the current year. |
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(6) The amount of contributions payable by an employer on the additional wages of an employee for any year after 2015 (called in this sub-paragraph the current year) must be computed or recomputed (as the case may be) in each of the following circumstances:| (a) | whenever any additional wages of the employee for the current year become due from that employer; | | (b) | at the end of the last month of the employee’s employment, with that employer or a related employer in respect of that employer, in the current year; | | (c) | if the employee is still employed by the employer or a related employer in respect of that employer on 31 December of the current year, at the end of that year. |
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(7) In this paragraph —| “combined additional wages” means the total amount of additional wages of the employee from the employee’s employer mentioned in this paragraph and all of the employee’s related employers in respect of that employer; |
| “combined ordinary wages” means the total amount of ordinary wages of the employee from the employee’s employer mentioned in this paragraph and all of the employee’s related employers in respect of that employer. |
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4.—(1) Where the contributions on an employee’s additional wages for any year after 2015 (called in this sub-paragraph the current year) to be paid by an employer (as recomputed under paragraph 2(3) or 3(6)) exceed the contributions already paid by that employer on those additional wages, the employer must contribute the difference to the Fund within such period as may be prescribed under the Central Provident Fund Regulations (Rg 15) after the end of the month of the recomputation.| (2) Where the employer is required to make additional contributions under sub-paragraph (1), the employer is entitled to recover from the employee’s wages, at the rate of recovery for additional wages applicable to the employee, the amount of additional contributions paid by the employer under that sub‑paragraph.”; |
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| | (b) | by deleting the words “paragraphs 2, 3 and 4” in paragraph 4A and substituting the words “paragraphs 2 and 3”; | | (c) | by deleting sub-paragraph (d) of paragraph 5 and substituting the following sub-paragraph:| “(d) | “additional wages” —| (i) | in relation to an employee, other than an employee mentioned in paragraph 7, means any remuneration other than ordinary wages; and | | (ii) | in relation to an employee mentioned in paragraph 7, is as defined in the First, Second or Third Schedule (as the case may be) of the Central Provident Fund (Public Sector Employees) Regulations 2011 (G.N. No. S 106/2011);”; |
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| | (d) | by deleting sub-paragraph (ea) of paragraph 5; and | | (e) | by deleting paragraph 7 and substituting the following paragraphs:“7.—(1) Subject to paragraphs 2, 3 and 4, contributions are payable for and recoverable from the wages of employees who are —| (a) | employees of the Government; | | (b) | employees of a statutory body; or | | (c) | persons employed in an aided school by the managers of the school, other than a school that is set out in the Schedule to the Education (Grant-in-Aid) Regulations (Cap. 87, Rg 3), |
| at the rates prescribed in the Central Provident Fund (Public Sector Employees) Regulations 2011. |
| (2) Paragraphs 2, 3 and 4 do not restrict or prohibit the payment of additional contributions prescribed in the Central Provident Fund (Public Sector Employees) Regulations 2011. |
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| 8. For the purposes of determining the contributions on the additional wages of an employee (other than an employee mentioned in paragraph 7) payable for any period before 1 January 2016, this Schedule as in force during that period is to be used and applied despite any amendment made after that time.”. |
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