MoneyDuck Experts
Waiting for your Request!
Forum
Last updated: 

What are the penaltiesb for not paying CPF?

I've been working for a company for over a year and I discovered that my employers did not make any contributions to my CPF. I am a foreigner yet I am a permanent resident of Singapore so I know that they are required to contribute. This is not acceptable and I want to know what they would be liable for because they did not comply with the Employment Act.

User comments

  • user image

    No Name

    If they did not comply then they are liable to late payment interest charged at 18% per annum starting from the first day of the following month after the contributions are due. The minimum interest payable is $5 per month, a fine of up to $5,000 and no less than $1,000 per offence and/or up to 6 months jail,a fine of up to $10,000 and no less than $2,000 per offence and/or 12 months jail for repeat offenders and a fine of up to $10,000, imprisonment of up to 7 years or both if you deduct your employee’s share of CPF contributions but fail to pay the contributions to CPF Board.

    2020.03.24 15:44

Please leave your knowledge and opinion!

Related Products

Related Forums

I graduated in a medical school, is there any job opportunities waiting for me?

In Singapore, there are a lot of businesses that are always open for new employees. Singapore is at the top 10 business countries in the world. Even though you have graduated any course. You can easily get a job that is in your field. Singapore offers a lot jobs in different fields

Can I still employ a person with disability?

Depending on what business you are running, you can hire the handicapped people if they can manage to cope up with the business world. Some handicapped are gifted in somethings that we are not expecting. It is still an option to hire them. There is no law that says that you cannot hire handicapped persons.

How do i apply for a work visa in Singapore?

If you’re an experienced professional earning at least 3,600 SGD a month, then your employer can apply on your behalf for an Employment Pass. An alternative for ‘mid-skilled’ workers, earning at least 2,200 SGD a month, is the S Pass. If this is a suitable visa type for you, your employer will have to make an application on your behalf.

Am I entitled to public holidays?

You are entitled to 11 paid public holidays a year. If you are required to work on a public holiday, your employer should pay you an extra day’s salary or grant you off in lieu. The 11 gazetted public holidays are New Year’s Day, Chinese New Year – first and second day, Hari Raya Puasa, Hari Raya Haji, Good Friday, Labour Day, Vesak Day, National Day, Deepavali, Christmas Day.

They changed the contract

In every company, there are people who work hard to feed their families. But there are some cases that the employer does not pay the employees at the right amount. Before you start your work, there is a contract that should be signed. All the terms and conditions are there and the benefits that you are gonna get. If the employer breaches the contract, you can demand them to the authorities if the company would not cooperate.

How do i know if I am eligible to work in Singapore?

Before getting into an exhaustive job search, it’s a good idea to make sure you’re eligible to work in Singapore. There’re a few different kinds of permits based on your qualifications. The Ministry of Manpower in Singapore has published an online self assessment tool, SmArT, to gauge your likelihood of eligibility.

Related Providers

Trending topics