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Will employers receive support for the increase in CPF contribution rates from 1 January 2027??
The CPF Transition Offset (CTO) will provide transitory wage offsets to help mitigate the rise in business costs due to the increase in CPF contribution rates for senior workers in 2027. This offset is equivalent to half of the increase in employer CPF contribution rates for every Singaporean and Permanent Resident worker they employ who is aged above 55 to 65.
Find out more about CPF Transition Offset.
This information is sourced from CPF.
Related questions
What are the changes to the CPF contribution rates for senior workers that will take effect from 1 January 2027?
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