Back to home

I have contributed up to the maximum mandatory contributions for the year. Do I still have to make Contribute As You Earn (CAYE) contributions?

Updated by CPF
If you’ve made Contribute As You Earn (CAYE) contributions up to the maximum MediSave payable for the year, your applicable CAYE contribution rate will be 0%. This means that you will receive your service fee in full, and CAYE contribution will no longer be deducted from your service fee.
 
However, you’ll still be required to make good your outstanding MediSave payable (if any) via lump-sum payment(s) or GIRO instalment plan.

This information is sourced from CPF.

Topics:

Growing Your SavingsContribute As You Earn

Related questions

How will participating in Contribute As You Earn affect my MediSave contributions payable?

cpf

What if I prefer making MediSave contributions through the current payment modes (e.g. GIRO)?

cpf

Why do I still have outstanding MediSave payable when I am already on Contribute As You Earn (CAYE)?

cpf

Need more help?

Describe your issues to us.

Contact us