What is the CPF Payment Code for platform operators?
The CPF Payment Code in your CPF Submission Number (CSN) identifies the different types of payments made by employers and platform operators to the Board such as mandatory CPF contributions, Voluntary Contributions, and MediSave contributions under the Additional MediSave Contribution Scheme.
For example, the payment codes for platform worker CSNs are:
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123456789-PWA-02 for platform workers who are mandated or opted in, and the contributions will be allocated to all CPF accounts
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123456789-PWM-03 for platform workers who are not opted in, and the contributions will be allocated to their MediSave only
This information is sourced from CPF
Related questions
What is the CPF Payment Code?
What is CPF Submission Number (CSN) and how do I use it to submit my platform workers’ CPF contributions?
What is CPF Submission Number (CSN)?
I already have a CPF Submission Number (CSN) to make contributions for my employees. Can I use the same CSN to make contributions for my platform workers?
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