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Are CPF contributions payable on redundancy payment?

Updated by CPF
CPF contributions are payable on redundancy payment given to your employee who is still under your employment but not required to report to work temporarily.

CPF contributions are not payable on termination benefits given for retrenchment or loss of employment.

This information is sourced from CPF.

Topics:

Employer - Employer ObligationsWhat payments attract CPF contributions

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