If you have made CPF contributions on net earnings in excess of the CPF annual earnings ceiling of $102,000, you should apply for a refund on your excess CPF contributions. 

 

You can use the applicable platform worker CPF contribution rate to determine how much CPF contributions to refund to your platform workers.

 

If your platform worker is born before 1995, and did not opt in for increased CPF contributions, any excess CPF contributions should be fully refunded to your platform worker, since you would not have made any platform operator share of CPF contributions. Otherwise, if your platform workers are born in or after 1995, or born before 1995 and have opted in to increased CPF contributions, you would need to compute the share of excess CPF contributions to be refunded to your platform worker.

 

For example, for a platform worker aged 31 years old in 2025 and has received CPF contributions on net earnings of $140,000 in 2025, the steps to compute the excess CPF contributions, and the amount to refund to the platform worker are as follows:

 

Step 1: Total excess CPF contributions to apply be refunded

= (Total net earnings on which CPF contributions were paid – CPF annual earnings ceiling) x applicable total contribution rate

= ($140,000 – $102,000) x 14%

= $5,320

 

Step 2: Platform worker’s share to be refunded

= (Total excess CPF contributions refunded ÷ applicable total CPF contribution rate) x applicable platform worker CPF contribution rate

= ($5,320 ÷ 14%) x 10.5%

= $3,990* (cents should be dropped)

 

You are required to refund the platform worker’s share of excess CPF contributions, if any, directly to the platform worker.

 

*You can also verify the platform worker’s share of refund by computing the difference between the total platform worker’s share of contributions paid and platform worker's share of contributions payable. The platform worker’s share of contributions payable can be computed using the platform worker CPF contribution calculator.