Starting September 1st, the CPF monthly salary ceiling will be raised from $6,000 to $6,300. Progressively, this ceiling will continue to be raised, and will hit $8,000 by 2026.
On Morning Shot, Foo Shi Ying, Deputy Director, Collection Services Department, Central Provident Fund Board and Patrick Tay, Assistant Secretary-General, National Trades Union Congress elaborate on how the latest changes will affect employees and employers.
Presented by: Lynlee Foo
This podcast is produced and edited by Yeo Kai Ting (ykaiting@sph.com.sg)