CPF Calculator (Singapore)

How it works

A CPF calculator estimates how much of your salary goes into the Central Provident Fund each month — split into the part you contribute (the employee share) and the part your employer adds on top (the employer share). You enter your monthly wage and your age, and the tool applies Singapore’s 2024 contribution rates to return your employee CPF, employer CPF, total CPF and resulting take-home pay.

CPF is Singapore’s mandatory social-security savings scheme. Contributions flow into your Ordinary, Special, MediSave and (from 55) Retirement accounts, funding housing, healthcare and retirement. This tool is part of our salary & work calculators and is an estimate, not a CPF statement.

Disclaimer: Estimate based on Singapore’s 2024 CPF rules (rates effective 1 January 2024, Ordinary Wage ceiling S$6,800/month). Contribution rates, brackets and ceilings change — always verify the current official figures with the CPF Board. This is for general guidance, not financial or tax advice.

The CPF Scheme Rules (2024)

CPF contributions are a percentage of your Ordinary Wages, applied only up to a monthly ceiling, with rates that depend on your age. Two rules drive the maths:

1. Ordinary Wage ceiling. In 2024 the OW ceiling is S$6,800 a month. CPF is charged on the lower of your wage and S$6,800. A salary above the ceiling earns no extra Ordinary-Wage CPF. (The ceiling rose to S$7,400 in 2025, so re-check if you are reading this later.)
2. Age-band rates. The combined rate is highest for younger workers and steps down as you age, so seniors keep more cash in hand. These are the 2024 rates for Singapore Citizens and PRs (3rd year onward), on monthly wages above S$750:

Age band	Employee	Employer	Total
55 and below	20%	17%	37%
Above 55 to 60	16%	15%	31%
Above 60 to 65	10.5%	11.5%	22%
Above 65 to 70	7.5%	9%	16.5%
Above 70	5%	7.5%	12.5%

Only the employee share comes out of your pay; the employer share is paid on top into your CPF accounts. So your take-home pay is your wage minus only the employee CPF.

Worked Example

Take a 35-year-old earning S$5,000 a month. Age 35 falls in the 55 and below band (20% employee, 17% employer), and S$5,000 is under the S$6,800 ceiling, so the full wage is contributable:

• Employee CPF = S$5,000 × 20% = S$1,000.00
• Employer CPF = S$5,000 × 17% = S$850.00
• Total CPF = S$1,850.00 credited to your CPF accounts
• Take-home pay = S$5,000 − S$1,000 = S$4,000.00

Now take a high earner of S$8,000 a month, same age. Because S$8,000 exceeds the S$6,800 ceiling, CPF is charged only on S$6,800:

• Employee CPF = S$6,800 × 20% = S$1,360.00
• Employer CPF = S$6,800 × 17% = S$1,156.00
• Take-home pay = S$8,000 − S$1,360 = S$6,640.00

The S$1,200 above the ceiling attracts no Ordinary-Wage CPF, which is why high salaries see a smaller proportional CPF deduction.

How the age bands compare

The table below shows the monthly CPF on a flat S$5,000 wage across the 2024 age bands, so you can see how contributions taper as you get older:

Age band	Employee CPF	Employer CPF	Total CPF	Take-home
55 and below	S$1,000	S$850	S$1,850	S$4,000
Above 55 to 60	S$800	S$750	S$1,550	S$4,200
Above 60 to 65	S$525	S$575	S$1,100	S$4,475
Above 65 to 70	S$375	S$450	S$825	S$4,625
Above 70	S$250	S$375	S$625	S$4,750

A worker above 70 takes home S$750 more than a worker of the same wage aged under 55 — because far less of the salary is locked into CPF at that age.

Notes, limits and accuracy

This estimator covers the common case: a Singapore Citizen or PR from their third year of PR status, earning Ordinary Wages above S$750 a month. It does not model first- and second-year PR graduated rates, the separate Additional Wage ceiling that applies to bonuses, or the cent-level rounding rules the CPF Board uses (your payslip may differ by a cent or two). For statutory figures, use the CPF Board’s official contribution calculator.

For related pay maths, see our pay raise calculator to model a salary increase, or browse all salary & work tools for overtime, take-home and contribution estimators.