CPF changes in Budget 2023 - How it will affect you
14 March 2023
At the Singapore Budget 2023, the Deputy Prime Minister and Finance Minister, Mr Lawrence Wong announced that the CPF monthly salary ceiling will be gradually raised from $6,000 to $8,000 for all employees. This change aims to help middle-income Singaporeans to save more for their retirement. Download the newsletter to learn how the CPF changes will affect you.