Home / OW Ceiling
As announced in Budget 2023, the current CPF monthly salary ceiling of $6,000 will be increased to $8,000 in four phases starting from 1 September 2023.
Notwithstanding the increases to the CPF monthly salary ceiling starting from 1 September 2023, the CPF annual salary ceiling will remain at $102,000. The additional wage ceiling will also remain at $102,000 less total ordinary wages subject to CPF for the relevant year.
