Employment Hero has updated CPF calculation for pay runs with pay period ending from January 2025 to reflect these changes:
- CPF contribution rates for individuals aged 55 to 65 (Except for 1st and 2nd year permanent residents who contribute at graduated contribution rate) will increase according to table provided by CPF board.
- CPF ordinary wage ceiling’s cap will increase from $6,800 to $7,400.
For more information: How is CPF calculated in a Pay Run?
