If you are concurrently employed by more than one employer, all your employers must pay CPF contributions based on the wages payable to you. This is because the Ordinary Wage (OW) ceiling is applicable on a “per employment” basis.
However, if your total wages exceed the prevailing OW ceiling, you may apply to limit your share of contributions on OW. All your employers have to pay the employer’s share of CPF contributions on the full amount of wages at the prevailing rate, subject to the OW ceiling.To limit your share of CPF contributions, please use My Mailbox (via SingPass login) to submit your application with the following information:
- Details of your employers and OW payable by them in this format
| Name of Employers | OW payable from each employer |
- Current employment status (choose one)
i. You have been working for the above employers and CPF contributions are paid according to the prevailing CPF contribution rates.
ii. You have just commenced on a new employment with one of the employers this month. (Please include a copy of your employment contract if you have just commenced a new employment and there is no CPF contribution history from your new employer.)
- Your written consent to inform all your employers on your application, as the Board will notify your employers when your application is approved.
Please submit the application personally and indicate the amount of employee’s share of CPF contributions to be recovered from your wages from your employers.
Points to note:
You are required to inform the Board and your employers if there is any:
- reduction in your combined OW below the prevailing OW ceiling from any of the above employers, or
- change in your employment status with the employers.
Please submit a new application if you wish to limit your share of CPF contributions from employers which were not previously approved by the Board.
If you would like to apply for refund of excess employee share of CPF contributions that was paid above the CPF wage ceilings, please refer to this FAQ.
Did You Know : Top 15 Free Online Learning Platforms
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Free Online Education Degrees : Coursera:
Coursera partners with universities and organizations worldwide to offer a wide range of courses. While many courses are free, a fee is often required for certification.
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Harvard Extension School offers a selection of free online courses. While some courses are free, others may require payment for a certificate.
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Stanford Online offers a variety of free courses in different disciplines, including computer science, engineering, and business.
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Best Free Online Courses : Carnegie Mellon Open Learning Initiative (OLI):
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Did you know : International Scholarships 2024
There are several international scholarships available for South Africans to study abroad. Here are a few examples:
- Mastercard Foundation Scholarship Program: This program provides fully funded scholarships to study at selected universities in Africa, Europe, and North America. It is open to African students, including South Africans, who are committed to giving back to their communities.
- Commonwealth Scholarships: The Commonwealth Scholarship Commission offers scholarships for postgraduate study in the UK for citizens of Commonwealth countries, including South Africa. The scholarships cover tuition fees, travel costs, and a living allowance.
- Fulbright Foreign Student Program: The Fulbright program offers scholarships for South Africans to study at U.S. universities for a Master’s or PhD degree. The scholarship covers tuition, travel, living expenses, and health insurance.
- Erasmus+ Programme: The Erasmus+ programme offers scholarships for South Africans to study in Europe for a Master’s or PhD degree. The scholarship covers tuition fees, travel, and living expenses.
- Australia Awards Scholarships: The Australian government offers scholarships for South Africans to study at Australian universities. The scholarship covers tuition fees, travel costs, and a living allowance.
These are just a few examples of the many international scholarships available to South Africans. It is important to research the eligibility requirements and application deadlines for each scholarship program.