Central Provident Fund (Contributions to Community Fund [CDAC]) Rules

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3 Employer to deduct contributions

5 Contributions by 2 or more employers

8 Contributions in excess of rate set out in Schedule

Status:

Current version
as at 20 Nov 2024

THE SCHEDULE

Rules 3(1), 5 and 8

Rates of contribution

Part 1

Amount deductible from employee’s monthly wages earned on or after
1 September 1992 but before 1 January 2015

Total amount of an employee’s
wages for the calendar month

Amount deductible from an employee’s
wages for the calendar month

1.	Less than $2,000

$0.50

2.	$2,000 or more

Part 2

Amount deductible from employee’s monthly wages earned on or after
1 January 2015

Total amount of an employee’s
wages for the calendar month

Amount deductible from an employee’s
wages for the calendar month

1.	Not more than $2,000

$0.50

2.	More than $2,000 but not more than $3,500

3.	More than $3,500 but not more than $5,000

$1.50

4.	More than $5,000 but not more than $7,500

5.	More than $7,500

[S 854/2014 wef 01/01/2015]

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