CPF Contribution Rates 2026: Full Guide Including Senior Worker Changes
Last reviewed: June 2026
Quick Answer
CPF contribution rates in 2026 stay at 37% total for Singapore employees aged 55 and below, split 20% employee and 17% employer. Rates rose for workers aged above 55 to 65, and the Ordinary Wage ceiling increased from SGD 7,400 to SGD 8,000 per month, its final scheduled step.
Rates as of 2026. Verify with official sources before filing.
What Changed on 1 January 2026?
In 2026, the total CPF contribution rate stays at 37% for employees aged 55 and below, and it increased for workers aged above 55 to 65, while the Ordinary Wage ceiling rose to SGD 8,000 per month. Two things changed for CPF on 1 January 2026. First, contribution rates increased for employees aged above 55 to 65. Second, the Ordinary Wage ceiling increased from SGD 7,400 to SGD 8,000 per month, its final scheduled increase in a multi-year phased rise.
For employees aged 55 and below, nothing changed. The total contribution rate remains 37%: 20% from the employee and 17% from the employer.
New Rates for Senior Workers (Age 55 to 65)
From 1 January 2026, the CPF contribution rates for senior workers are as follows.
| Age Group | Employee Rate | Employer Rate | Total |
|---|---|---|---|
| 55 and below | 20% | 17% | 37% |
| Above 55 to 60 | 18% | 16% | 34% |
| Above 60 to 65 | 12.5% | 12.5% | 25% |
| Above 65 to 70 | 7.5% | 9% | 16.5% |
| Above 70 | 5% | 7.5% | 12.5% |
The increase for the above 55 to 60 age group is 1.5 percentage points from the previous 32.5% total. The increase for the above 60 to 65 age group is also 1.5 percentage points from the previous 23.5% total. These rates apply to Singapore Citizens and Permanent Residents (third year and beyond) earning more than SGD 750 per month. Different rates apply to first and second-year SPRs.
For a full explainer of the 2026 rates across every age band, including the OA, SA, and Medisave allocation splits and the Additional Wage ceiling formula, see our complete CPF contribution rates 2026 guide.
Where Do the Increased Contributions Go?
The additional contributions for workers aged 55 to 65 are fully allocated to the Retirement Account, up to the Full Retirement Sum. Once the FRS is met, any further contributions flow to the Ordinary Account instead. This design ensures the rate increase directly strengthens retirement savings for senior workers.
What Does It Mean for Take-Home Pay?
For a senior employee aged 56 earning SGD 5,000 per month, the employee contribution increases by 1% which means SGD 50 less in take-home pay per month. The employer contributes an additional 0.5%, increasing the employer's total monthly CPF contribution by SGD 25. The total increase to CPF is SGD 75 per month per employee in this age group.
Two government offset schemes help employers manage the cost: the CPF Transition Offset and the Senior Employment Credit. Both were extended through 2026.
Use the CPF Calculator to see exactly how your contributions break down at your salary and age. Or check Take-Home Pay to see the full picture including income tax.
The Ordinary Wage Ceiling Increase
The Ordinary Wage ceiling, which caps the monthly wages subject to CPF contribution, increased to SGD 8,000 from 1 January 2026. This is the final step in a phased increase that began in September 2023. Employees earning above SGD 8,000 per month pay CPF only on the first SGD 8,000 of their monthly ordinary wages. Annual bonus and variable income is subject to the Additional Wage ceiling separately.
Sources
CPF Board official contribution rate tables effective 1 January 2026; cpf.gov.sg; Budget 2025 announcements.