What does this hire
really cost?
CPF changed on three fronts in 2026. Put in a monthly wage and an age band, and see the employer and employee split at the current rates — with the new $8,000 Ordinary Wage ceiling already built in.
$2,220
37% of wageon a $6,000 monthly wage · 2026 rates
True cost to employer is $7,020 a month — wage plus the $1,020 employer CPF.
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infoHow this is calculated
We apply the CPF contribution rates effective 1 January 2026 for Singapore Citizens and Permanent Residents (third year onward) on monthly wages above $750. CPF is charged on the lower of the wage and the 2026 Ordinary Wage ceiling of $8,000 a month, so any salary above $8,000 attracts no extra CPF on the excess.
The rates used are: 55 and below — 37% (17% employer, 20% employee); above 55 to 60 — 34% (16% / 18%); above 60 to 65 — 25% (12.5% / 12.5%); above 65 to 70 — 16.5% (9% / 7.5%); above 70 — 12.5% (7.5% / 5%). Figures are rounded to the nearest dollar and are a planning estimate — actual CPF rounding can differ by a dollar, and lower graduated rates apply below $750 a month.
This is one of three CPF changes that landed in 2026. For the full picture — the ceiling, the older-worker rate rises, and platform workers now on your CPF bill — read what changed and who it hits, and work through the CPF & Payroll Compliance Checklist 2026 so nothing slips between HR and finance.