Why is the amount refunded for excess CPF contributions less than the total excess CPF contributions made to the platform worker for the year?
The refunded amount for excess CPF contributions is based on the available balances in your platform worker’s CPF account(s). If there are insufficient funds for the full refund, you will receive a partial refund instead.
This information is sourced from CPF
Related questions
Why is the refunded amount less than the excess CPF contributions made for the year?
When am I required to refund the platform worker’s share of excess CPF contributions?
Why is the amount deducted from my CPF account(s) for the refund less than the excess CPF contributions made for the year?
I received a notification on the refund of CPF contributions paid in excess of the CPF Annual Limit for platform workers but I have yet to receive my share of the excess contributions from my (ex-)Platform Operator, what should I do?
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