Why are platform workers above a certain age not eligible for Platform Workers CPF Transition Support (PCTS)?
Platform Workers CPF Transition Support (PCTS) is intended to offset part of the year-on-year increase in a platform worker’s own share of CPF contributions to his Ordinary and Special or Retirement accounts, during the phase-in period when platform workers’ CPF contribution rates are gradually increased to align with employees’.
Platform workers who do not see an increase in their share of CPF contributions will not receive PCTS as there is no increase in CPF contributions to offset.
- This means that a platform worker will not receive PCTS for the months after his 65th birthday, as his own CPF contribution rates will remain unchanged or decrease.
- In 2025, a platform worker will not receive PCTS for the months after his 60th birthday, as his own CPF contribution rates will remain unchanged in the year.
As these platform workers will not see a drop in their take-home pay for the abovementioned months due to the decision to opt in, they will not receive PCTS.
For platform workers in these age groups, their total CPF contributions will still increase, after taking into account the platform operator’s CPF contributions.
Example: Your 60th birthday falls on 10 March 2025
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If you did not opt in
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If you opted in
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For platform earnings in Jan to Mar 2025
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For platform earnings in Apr to Dec 2025
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CPF contribution rates
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Your share = 10.5%
Your platform operator’s share = 0%
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Your share = 13%
Your platform operator’s share = 3.5% (contribution rate for platform workers above 55 to 60 years old)
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Your share = 10.5%
Your platform operator’s share = 3.5% (contribution rate for platform workers above 60 to 65 years old)
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PCTS eligibility
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Eligible for PCTS, as your share of CPF contributions increased from 10.5% to 13%
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Not eligible for PCTS, as your share of CPF contributions remains the same at 10.5%
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This information is sourced from CPF
Related questions
I am a part-time platform worker. Will I be eligible for Platform Workers CPF Transition Support (PCTS)?
What is the increase in platform workers’ share of CPF Ordinary and Special or Retirement Account contribution rates, which is used to compute Platform Workers CPF Transition Support (PCTS)?
How much can I expect to receive with the Platform Workers CPF Transition Support (PCTS) scheme?
Why am I not eligible for Platform Workers CPF Transition Support (PCTS) if I do not opt in to the increased CPF contributions?
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