Understanding CPF Contributions: Do I Need to Contribute to CPF?

Introduction to CPF:
The Central Provident Fund (CPF) is a vital element of Singapore's social security system, mandated by the government to ensure financial security in various life events, including retirement, housing, healthcare, and education.

Contribution Requirements:
For the majority of jobs on our platform, which predominantly operate under an employment basis, CPF contributions are a mandatory requirement.

Whether you need to contribute to CPF depends on your employment arrangement:

• Employment Basis:
  If you are hired under an employment basis, CPF contributions are compulsory.
  
  
• Freelance Basis:
  If you are hired under a freelance basis, CPF contributions are not applicable.

For more information on the distinction between employment and freelance arrangements, visit this link

CPF Contribution Rates and Calculator:
For detailed information on CPF contribution rates and to calculate your contributions, refer to the official CPF website: CPF Contribution Rates and Calculator.