CPFB | What should I do if excess contributions have been made on Additional Wages (AW)? (2024)

What should I do if excess contributions have been made on Additional Wages (AW)?

You should only make CPF contributions on the Additional Wage (AW) up to the annual AW ceiling.

If excess contributions have been made, employers and employees can apply for a refund.

All refund applications should only be submittedwhen the employee’s Total Ordinary Wages for the year are known and the Additional Wage (AW) ceiling is finalised, usually after the end of year or in the last month of employment.

CPFB |  What should I do if excess contributions have been made on Additional Wages (AW)? (2024)
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