By MoneyBees
Work out the employer CPF you pay in 2026 and what IRAS pays back: the Senior Employment Credit, CPF Transition Offset, Enabling Employment Credit and Uplifting Employment Credit, by wage and age.
A wage offset IRAS pays employers equal to half of each year's rise in employer CPF rates for older workers. In 2026 employer rates rose 0.5 points for workers above 55 to 65, so the offset is 0.25% of their wages up to the S$8,000 ceiling. It continues for the 2027 increase.
Singapore Citizen employees aged 60 and above earning below S$4,000 a month, whose CPF was paid on time. Budget 2026 extended it to the end of 2027.
Up to 2% of wages for employees aged 60 to 64, 4% for 65 to 68 and 7% from 69, on wages up to S$3,000. Between S$3,000 and S$4,000 it tapers to nil.
No. IRAS works them out from your CPF records and pays automatically: wages from January to June in September, and July to December the following March, by GIRO or PayNow Corporate. The payouts are taxable in the year you receive them.
A wage offset for hiring Singapore Citizens and PRs with disabilities earning below S$4,000 a month: up to 20% of wages, capped at S$400 a month, until 2028. Hires who were out of work for 6 months or more get up to another S$400 a month for the first 9 months. It does not stack with the SEC.
Up to 20% of wages, capped at S$600 a month, for the first 9 months of employing an ex-offender released within the past 3 years and earning below S$4,000. It covers hires from April 2023 to December 2028 and is paid in May of the following year.
17% up to 55, 16% above 55 to 60, 12.5% above 60 to 65, 9% above 65 to 70 and 7.5% above 70, on wages above S$750, from 1 January 2026.
PRs get the CPF Transition Offset, the EEC and the UEC if they qualify, but not the Senior Employment Credit, which is for Singapore Citizens only.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).