From 1 January 2026, CPF contribution rates for employees aged above 55 to 65 will increase as part of ongoing efforts to strengthen retirement adequacy for senior workers.
The revised rates apply to wages earned from 1 January 2026 onwards.
Who Is Affected?
The increase applies to employees earning more than $750 per month, specifically those aged:
- Above 55 to 60
- Above 60 to 65
There are no changes for employees aged 55 and below, or those above 65.
What Are the New Contribution Rates?
Employees Aged 55 and Below
No change. Total contribution rate remains at 37%
(17% employer, 20% employee)
Employees Aged Above 55 to 60
Total rate increases from 32.5% to 34%
- Employer contribution: 16% (+0.5%)
- Employee contribution: 18% (+1%)
Employees Aged Above 60 to 65
Total rate increases from 23.5% to 25%
- Employer contribution: 12.5% (+0.5%)
- Employee contribution: 12.5% (+1%)
Employees Aged Above 65
No change in contribution rates.
Where Will the Additional Contributions Go?
The increase for employees aged above 55 to 65 will be fully allocated to the Retirement Account (RA), up to the Full Retirement Sum (FRS).
This measure is designed to help senior workers accumulate more savings for retirement.
If an employee has already set aside the Full Retirement Sum in their RA, the additional contributions will be credited to their Ordinary Account instead.
What About Lower-Wage Employees?
For employees earning between $500 and $750 per month, employee contribution rates will continue to be phased in gradually.
No Changes for SPRs
There are no revisions to the graduated CPF contribution rates for first- and second-year Singapore Permanent Residents (SPRs).
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