From 1 January 2025, the CPF contribution rates for employees aged above 55 to 65 are increased to strengthen their retirement adequacy. The changes apply to wages earned from 1 January 2025:

Employee's age (years)	2024	CPF Contribution Rates from 1 Jan 2025
	Total   (% of wage)	Total   (% of wage)	By employer   (% of wage)	By employee   (% of wage)
55 and below	37	37	17	20
Above 55 to 60	31	32.5   (+1.5)	15.5   (+0.5)	17   (+1)
Above 60 to 65	22	23.5   (+1.5)	12   (+0.5)	11.5   (+1)
Above 65 to 70	16.5	16.5	9	7.5
Above 70	12.5	12.5	7.5	5

a) With the closure of Special Account, the increase in the CPF contributions for employees aged above 55 to 65 will be fully allocated to the Retirement Account (RA), up to the Full Retirement Sum (FRS), to help senior workers save more for retirement. If employees have set aside the FRS in their RA, these contributions will be channelled to their Ordinary Account.

b) For those earning monthly wages of more than $500 to $750, the employee contribution rates continue to be phased in.

c) There are no changes to the graduated contribution rates for first and second year Singapore Permanent Residents.

You may refer to the complete CPF contribution rate tables from 1 January 2025 (Tables 1 to 5) (PDF, 0.17 MB) for more details.