Tag: CPF contributions
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Higher CPF Monthly Salary Ceilings and Contribution Rates: What to Expect from 2026
Singapore to raise CPF wage ceilings and contribution rates from 2026 Singapore’s Central Provident Fund (CPF) is undergoing notable reforms aimed at boosting retirement adequacy for residents. Beginning in 2026, the government plans to raise the ordinary wage ceiling and adjust CPF contribution rates. The exact figures are set to be announced by the authorities,…
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MOM Probes Twelve Cupcakes Over Potential Employment Act Breaches in Singapore
Overview of the Investigation The Ministry of Manpower (MOM) and the Central Provident Fund (CPF) Board confirmed on Friday that the Singapore bakery chain Twelve Cupcakes is under investigation for potential breaches of the Employment Act, including non-payment of salaries. The probe affects around 80 workers who may have been impacted by wage-related issues and…