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Why is the amount refunded for excess CPF contributions less than the total excess CPF contributions made to the platform worker for the year?

Updated by CPF
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.

Topics:

Employer - Platform OperatorAdjustment/Refund of CPF contributions

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