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Employer services

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Account creation and management
Direct Debit Arrangement
Voluntary CPF contribution
Refund and adjustment
Composition amount payment
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Activities
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Employer obligations

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Declaring accurate wage information
Who should receive CPF contributions
What payments attract CPF contributions
How much CPF contributions to pay
Skills Development Levy
Contributions to self-help groups
SHARE donations
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Making CPF contributions

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Applying for a CPF Submission Number
Updating employer’s particulars
Submitting CPF contributions via CPF EZPay
Submitting CPF contributions via CPF EZPay Mobile
Payment modes
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Making Voluntary Contributions

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Compliance and rectifications

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Enforcement and penalties for non-compliance
Applying for refund of CPF contributions
Applying for adjustment of CPF contributions
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Corporate service buyers

Paying CPF for self-employed vendors

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Members and employers

Membership

4.5 million

CPF members

as of March 2024

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Employers

162,259

Employers
as of March 2024

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CPF account balances and investments

Balances

$580 billion

CPF balances

as of March 2024

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Investment

$32.2 billion

Invested from Ordinary and Special account as of March 2024

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Inflow of funds to CPF accounts

Contributions

$14.8 billion

CPF contributions received between January and March 2024

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Interest

$21.0 billion

Interest credited between January and December 2023

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Outflow of funds from CPF accounts

Retirement

$3.3 billion

withdrawn or paid out under retirement schemes between January and March 2024

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Home ownership

$3.5 billion

withdrawn for home ownership (for HDB flats and private properties) between January and March 2024

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Healthcare

$1.2 billion

withdrawn for healthcare expenses between January and March 2024

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Other withdrawals

$1.5 billion

withdrawn under other schemes between January and March 2024

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Resources

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