CPF contribution rate will increase to 36% in 2011
Employer CPF contribution rate will be raised by 0.5 percentage points.
According to Budget 2011, the CPF salary ceiling will be revised from $4,500 to $5,000 per month to keep pace with income growth in recent years.
Both changes in contribution rate and salary ceiling will take effect in September 2011, to give employers sufficient time to adjust to the changes.