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Do I need to take into account the employer and employee's CPF contribution rates when making Voluntary Contributions (VC) for my employees?
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Source: https://www.cpf.gov.sg/memberYou do not need to take into account the employer and employee’s CPF contribution rates when making Voluntary Contributions (VC) for your employees.
However, you will need a different CPF Submission No. (CSN) to make voluntary contributions for your employees. You should not use your existing CSN for mandatory CPF contributions to make your VC.
Find out more on how you can make voluntary contributions for your employees.
This information provided here is sourced from the CPF website.
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