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How can I make Voluntary Contributions for my platform workers?
To make Voluntary Contributions (VC) for your platform workers, you have four options:
- For cash top-ups to Special or Retirement Account under the Retirement Sum Topping-Up Scheme, you do not need to apply for a new CPF Submission Number (CSN). You can make the cash top-up via Top up Retirement Savings for Employees and platform workers.
- For cash top-ups to MediSave Account (up to the Basic Healthcare Sum), you do not need to apply for a new CSN. Contributions made will qualify your platform worker for the Matched MediSave Scheme (MMSS). You can make the cash top-up via Make MediSave top-up to employees and platform workers.
- For VC to MediSave Account (up to the CPF Annual Limit), please apply for a new CSN with payment code "MSE" to make VC for your platform workers, e.g., 123456789-MSE-01. This VC will not qualify your platform worker for the MMSS.
- For VC to all three CPF accounts, please apply for a new CSN with payment code “VCT” to make VC for your platform workers, e.g. 123456789-VCT-01.
After you receive the CSN for VC to MediSave Account or to all three CPF accounts, you can submit and make VC using CPF EZPay, in the same way you make mandatory CPF contributions for your platform workers.
This information is sourced from CPF.
Related questions
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