Singapore CPF PR Contribution Calculator 2026: Graduated Rates, Wage Ceilings, Allocation & CPF Account Closure

Purpose

Estimate monthly CPF contributions and the CPF account-allocation breakdown using the applicable 2026 PR year, employee age, wage type and contribution option. It also provides a planning estimate for an eventual account-closure transfer after PR renunciation.

Scope

Private-sector and non-pensionable government employees covered by the standard employee CPF tables.

Inputs

Core Rules

Calculation Method

Important Calculation Note

The formulas above are planning formulas. The official CPF calculator also handles wage bands below and including S$750, PR-year rate variants, higher-rate applications, contribution-month rules and precise statutory rounding. For an employer-grade result, use the CPF Board calculator.

Standard G G For1st Year P R

Standard G G For2nd Year P R

Standard For3rd Year Plus

Higher Rate Options

Important Rate Note

The rate table is more complicated than the source page implied. For wages of S$750 or less, contribution amounts can be phased rather than a simple percentage of the whole wage. The employee's age also changes rates. The standard 37% rate applies to Singapore Citizens and 3rd-year-and-onwards PRs aged 55 and below when monthly wages exceed S$750; it is not a universal rate for all PR employees.

Purpose

Show how an employee's total CPF contribution is allocated among CPF accounts.

Allocation Rates

Important Correction

For members aged 55 and above, the Special Account has been closed and the corresponding retirement allocation is directed to the Retirement Account up to the Full Retirement Sum; if the FRS has already been set aside, that contribution can be channelled to the Ordinary Account. The allocation percentages are ratios of the CPF contribution, not percentages of gross wages.

Calculation Example

Ordinary Wage Ceiling Per Month

8000

Annual Salary Ceiling

102000

Additional Wage Formula

S$102,000 - total Ordinary Wages subject to CPF for the calendar year

Additional Wage Ceiling Example At Full O W Ceiling

Important Correction

The annual S$102,000 ceiling is not simply a flat annual cap on every employee's total wages. For CPF computation, the AW ceiling depends on the year's OW subject to CPF. Bonuses and other Additional Wages can therefore be partly subject to CPF depending on the remaining AW ceiling.

Trigger

CPF account closure after the member is no longer a Singapore Citizen or Permanent Resident.

Current Rule

For renunciation of Singapore Citizenship or Permanent Residency from 1 April 2024, the member may close the CPF account and transfer the CPF savings to a bank account once the renunciation is completed. If the member does not close the account, CPF Board will automatically close it in the following month.

Eligibility Condition

The member must no longer be a Singapore Citizen or Permanent Resident.

Transfer Options

• Interbank GIRO to a Singapore bank account
• Telegraphic transfer to an overseas bank account

Overseas Transfer

For a telegraphic transfer to an overseas bank account, the receiving bank must accept payment in Singapore dollars. If not, CPF Board states that it will convert the payment to US dollars. The member bears applicable bank, foreign-exchange and conversion charges.

Processing Time

CPF Board states that the average processing time for account-closure applications is about 12 weeks.

Account Interest After Closure

Once the CPF account is closed, the remaining savings stop earning the prevailing CPF interest. CPF Board currently provides a concession under which such savings earn interest similar to commercial bank interest rates until 31 March 2027.

Investment Treatment

CPF investments are not always equivalent to immediate cash in the CPF account. For example, CPFIS investments are transferred or otherwise treated according to the applicable investment scheme when the account is closed.

Tax Point

CPF savings withdrawn are not taxable. However, CPF Board may recover unpaid taxes and certain unpaid MediShield Life or CareShield Life premiums from the CPF savings being withdrawn.

Important Correction

Permanent departure from Singapore by itself is not the operative eligibility test. The current CPF account-closure rule is tied to the member no longer being a Singapore Citizen or Permanent Resident. Separately, the member may already have permanent-departure circumstances that make account closure relevant, but the page should not present 'leaving Singapore permanently' as the sole automatic trigger.

Form I R21

Form IR21 is an employer tax-clearance filing for a non-citizen employee who is ceasing employment or leaving Singapore. It is not the CPF account-closure application.

Important Distinction

The original page incorrectly treated an IRAS Form IR21 completion as a mandatory CPF-withdrawal document. CPF Board's current account-closure process is separate. Unpaid taxes may be recoverable from CPF savings, but Form IR21 should not be represented as the CPF Board's withdrawal form.

Tax Treatment Of C P F

CPF savings withdrawn from CPF accounts are not taxable.

Core C P F Items

• CPF account number and identity information.
• Evidence that the member is no longer a Singapore Citizen or Permanent Resident, where required by CPF Board.
• Bank-account information for Interbank GIRO or telegraphic transfer.
• Completed CPF account-closure application and supporting documents required by CPF Board.
• Additional certification, witnessing or authentication documents where the applicant is applying from overseas.

Not Universal C P F Documents

• IRAS Form IR21 is not the CPF account-closure application.
• An 'ICA PR Renunciation Acceptance Letter' should not be treated as the single universal CPF document because CPF Board's own account-closure process specifies the evidence and supporting documents it needs.
• A generic 'letter of authorisation for account closure' should not be presented as a universal mandatory document without regard to the applicant's circumstances.

Best For

• Monthly employee CPF contribution estimates
• Comparing standard first-, second- and third-year PR rates
• Understanding the 2026 OW and AW ceilings
• Estimating CPF allocation by age group
• Understanding the financial mechanics of CPF account closure after PR renunciation

Not Best For

• Final payroll filing
• Complex wage classifications
• Cases with multiple employers
• Cases involving unusual bonuses or employment termination during the year
• Determining legal or tax advice concerning PR renunciation