Explainer: What are the changes to the monthly CPF ceiling and what do they mean for you?
SINGAPORE — For some Singaporeans, their take-home pay might look slightly different this month. During Budget 2023, Deputy Prime Minister and Finance Minister Lawrence Wong announced that the monthly salary ceiling for the Central Provident Fund (CPF) will be raised in stages from S$6,000 to S$8,000 by 2026.
National University Of Singapore Singapore General Lawrence Wong Christopher Gee Walter Theseira Reginald Koh
Source: todayonline.com