Singapore CPF Calculator — Employee and Employer Contributions
CPF calculator Singapore workers rely on: 2026 rates (37% under 55), the new S$8,000 wage ceiling, OA/SA/MA allocation by age, and CPF LIFE sums.
The Central Provident Fund (CPF) is Singapore mandatory social security scheme administered by the CPF Board. For employees under 55 the total contribution is 37% of wages — split 20% from the employee and 17% from the employer. Contributions are subject to the Ordinary Wage (OW) ceiling of SGD 6800 per month and an Additional Wage (AW) ceiling applied to bonuses. The 37% is allocated across three accounts: Ordinary Account (OA) for housing education and investment; Special Account (SA) for retirement; and Medisave Account (MA) for healthcare. Allocation ratios shift as you age — more goes to SA and MA after 35. CPF earns 2.5% on OA and 4% on SA/MA with an extra 1% on the first SGD 60000. Our calculator shows exactly how much goes into each account based on your age and monthly salary.
How much CPF do I contribute each month?
On a SGD 5000 monthly salary (under 55): employee CPF is 20% = SGD 1000 deducted from pay. Employer adds 17% = SGD 850. Total CPF contribution: SGD 1850 per month. Allocation for under-35: Ordinary Account SGD 1221; Special Account SGD 296; Medisave SGD 333. On a SGD 8000 salary the contribution is capped at the SGD 6800 Ordinary Wage ceiling — so total CPF is SGD 2516 not SGD 2960 on full salary. Bonuses are subject to a separate Additional Wage ceiling.
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This calculator projects your returns using compound interest, where your earnings generate their own earnings over time. The power of compounding means that even small regular investments can grow into substantial wealth over long periods. For example, investing just Rs 5,000 per month at 12% expected returns for 25 years can grow to over Rs 1 crore — of which only Rs 15 lakh is your own money and Rs 85 lakh is compounding returns. The key factors that determine your final corpus are: the amount invested, the rate of return, the duration of investment, and the frequency of compounding.
Important Considerations
Past returns do not guarantee future performance, especially for market-linked instruments like mutual funds and equities. The returns shown are estimates based on the rate you enter. Equity investments carry market risk but have historically delivered 12-15% CAGR over 15+ year periods in India. Fixed income options like PPF (7.1%) and FD (6-7.5%) offer lower but more predictable returns. Diversifying across asset classes — equity, debt, gold, and real estate — reduces overall portfolio risk while optimizing returns for your risk tolerance.
2026 Contribution Rates and the New S$8,000 Wage Ceiling
For employees aged 55 and below, CPF takes 37% of wages — 20% deducted from the employee and 17% paid on top by the employer. The big 2026 change is the Ordinary Wage ceiling: from 1 January 2026 it rose to S$8,000 per month, the final step of the phased schedule announced in Budget 2023 (S$6,000 before September 2023, then S$6,300, S$6,800 from January 2024, S$7,400 from January 2025, and now S$8,000). Salary above S$8,000 a month attracts no mandatory CPF. Worked example: on a S$8,500 salary, contributions are computed on S$8,000 — the employee contributes S$1,600, the employer S$1,360, total S$2,960 a month. The annual salary ceiling stays at S$102,000, so the Additional Wage ceiling for bonuses equals S$102,000 minus your Ordinary Wages subject to CPF; someone earning S$8,000 monthly has S$102,000 − S$96,000 = S$6,000 of bonus that is CPF-liable. Senior rates also stepped up on 1 January 2026: workers above 55 to 60 now contribute 34% in total (employer 16%, employee 18%), a 1.5-percentage-point rise, and above 60 to 65 the total is 25%. Rates for above 65 to 70 (16.5%) and above 70 (12.5%) are unchanged. The government has signalled further senior-rate increases toward parity, so check the CPF Board's contribution tables each January.
Where the 37% Goes: OA, SA and MA Allocation by Age
The CPF Board splits contributions across three accounts, and the split shifts toward healthcare and retirement as you age. For 35 and below, the 37% divides into 23% of wages to the Ordinary Account (housing, education, investment), 6% to the Special Account (retirement) and 8% to MediSave. From above 35 to 45 it is 21/7/9; above 45 to 50, 19/8/10; and above 50 to 55, 15/11.5/10.5. On a ceiling-capped S$8,000 salary, an under-35 employee therefore banks S$1,840 into OA, S$480 into SA and S$640 into MediSave every month — S$35,520 a year including the employer's share, before any interest. Interest compounds on top: OA earns a floor rate of 2.5% a year, while SA and MediSave earn the 10-year Singapore Government Securities yield plus 1%, floored at 4% — the peg is reviewed quarterly, and as of mid-2026 these accounts have been sitting at or near the 4% floor. The first S$60,000 of combined balances (capped at S$20,000 from OA) earns an extra 1%, and members 55 and above earn a further 1% on the first S$30,000. MediSave is capped at the Basic Healthcare Sum, which resets every January — S$79,000 for 2026, up from S$75,500 in 2025; once you hit it, MediSave overflow is redirected to your other accounts rather than lost.
Age 55, the Special Account Closure and CPF LIFE
Since January 2025 the Special Account no longer exists for members aged 55 and above — a structural change worth understanding before you plan withdrawals. At 55, CPF creates a Retirement Account (RA) and sweeps your SA savings into it up to your cohort's Full Retirement Sum; any SA money beyond that moves to the Ordinary Account, where it stays withdrawable but earns the lower OA rate. For the cohort turning 55 in 2026, the sums are: Basic Retirement Sum S$110,200, Full Retirement Sum S$220,400 and Enhanced Retirement Sum S$440,800 (the ERS was raised to four times the BRS from 2025, letting high savers top up for larger payouts). These figures are fixed for your cohort once you turn 55; each later cohort's sums rise roughly 3.5% a year through 2027 under the announced schedule. From 65, the RA funds CPF LIFE, a lifelong annuity with three plans — Standard, Escalating (payouts start lower but rise 2% yearly) and Basic. CPF Board estimates put monthly payouts at roughly S$950 from the BRS and about S$1,780 from the FRS for the 2026 cohort on the Standard Plan; ERS savers can expect roughly double the FRS payout. Deferring the payout start age from 65 up to 70 lifts payouts by up to about 7% per deferred year. Use the CPF LIFE Estimator for figures tied to your exact birth year and balance.
Key Information
| Parameter | Details |
|---|---|
| Employee Rate (Under 55) | 20% of wages |
| Employer Rate (Under 55) | 17% of wages |
| Ordinary Wage Ceiling | SGD 6800/month |
| OA Interest Rate | 2.5% per year |
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Use Calculator NowFrequently Asked Questions
How much CPF do I contribute each month?
On a SGD 5000 monthly salary (under 55): employee CPF is 20% = SGD 1000 deducted from pay. Employer adds 17% = SGD 850. Total CPF contribution: SGD 1850 per month. Allocation for under-35: Ordinary Account SGD 1221; Special Account SGD 296; Medisave SGD 333. On a SGD 8000 salary the contribution is capped at the SGD 6800 Ordinary Wage ceiling — so total CPF is SGD 2516 not SGD 2960 on full salary. Bonuses are subject to a separate Additional Wage ceiling.
What happens to CPF at age 55?
At age 55 a Retirement Account (RA) is created by transferring funds from your Special and Ordinary Accounts. For 2026 the Full Retirement Sum (FRS) is SGD 213000 and the Basic Retirement Sum (BRS) is SGD 106500. Any amount above the FRS can be withdrawn in cash from age 55 or left in CPF to earn higher interest (4% plus extra 1% on the first SGD 30000). From age 65 your RA starts paying CPF LIFE monthly annuity payments for the rest of your life. Contribution rates also reduce progressively from age 55 onwards.
Can I use CPF to buy a house in Singapore?
Yes OA funds are the primary way Singaporeans fund HDB and private property purchases. You can use OA for the 10-25% down payment and monthly mortgage payments. For HDB flats you can use CPF up to the Valuation Limit (VL) and then subject to the Withdrawal Limit (120% of VL). For private property similar limits apply. Keep in mind that CPF used for property must be returned to your CPF account with accrued interest when you sell — this reduces actual cash sale proceeds significantly.
cpf calculator singapore
A CPF calculator applies your age band and the 2026 wage ceiling. Under 55, the total is 37% of wages — 20% employee, 17% employer — on ordinary wages capped at S$8,000 a month since 1 January 2026. On a S$5,000 salary that is S$1,850 monthly (S$1,000 from you, S$850 from your employer), allocated for under-35s as S$1,150 to OA, S$300 to SA and S$400 to MediSave. Above 55 to 60, the 2026 total is 34%.
how much cpf do i pay on a s$8,000 salary in 2026
S$8,000 sits exactly at the 2026 Ordinary Wage ceiling, so the full salary is CPF-liable. If you are 55 or below, you contribute 20% (S$1,600, deducted from pay) and your employer adds 17% (S$1,360) — S$2,960 a month, or S$35,520 a year before bonuses. Under the 2025 ceiling of S$7,400 the same salary generated only S$2,738 monthly, so the January 2026 step added S$222 a month to your CPF inflow.
What is compound interest and why does it matter?
Compound interest means you earn interest on your interest, not just your principal. Over long periods, this creates exponential growth — even small regular investments can grow into substantial wealth over 15-25 years.
Should I invest regularly or as a lump sum?
Regular investing (dollar-cost averaging) smooths out market volatility by buying at various price points. Lump sum investing works better if markets are undervalued. For most people, regular monthly investing is simpler and more disciplined.
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Last updated: March 2026