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My employee and I do not wish to apply for refund. Can the excess CPF contributions be retained in the employee's CPF account?

Updated by CPF
You should rectify any errors in CPF contributions early while the documentary evidence is fresh. Any request for refund of CPF contributions paid must be made immediately and no later than one year from the date of payment of the CPF contributions.

This information is sourced from CPF.

Topics:

Employer - Compliance and RectificationsApplying for refund of CPF contributions

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