If you had paid excess CPF contributions exceeding the AW ceiling, you should apply for a refund.

 

Select:

• Refund of contributions paid:
• Single employee or platform worker; or
• Multiple employees or platform workers,

followed by the refund reason 'Paid contributions above Additional Wage Ceiling'.

 

To apply for a refund of payment made more than two years from the current date, please write to us by selecting ‘Compliance and rectifications’ under Subject and ‘Applying for Refund of CPF contributions’ under Category.

 

You can use the AW ceiling calculator to derive the excess amount to be refunded.

 

The total refund amount (employer's and employee's share) will be refunded to you. You are responsible for refunding the employee's share of CPF contributions directly to your employee(s) before submitting the application.

 

Starting February 2024, CPF contributions paid in excess of the CPF Annual Limit for the preceding year will be automatically refunded to the employer.  

 

However, there is no need to wait for the annual automatic refund. If you have paid excess CPF contributions above the CPF Annual Limit, you should apply for a refund promptly.