Singapore legislation

Schedule “THE SCHEDULE

of Central Provident Fund (Amendment) Bill

Schedule “THE SCHEDULE

(Sections 7 and 25).The contributions payable are as follows: —Amount of employee’s wages for the calendar month.Contribution for the calendar month payable by the employer.Amount recoverable by the employer from the employee’s wages for the calendar month.(1)(2)(3)Not exceeding $10NilNilExceeding $10 but not exceeding $200an amount equal to 61/2 per centum of the employee’s wages for the month.NilExceeding $200an amount equal to 61/2 per centum of the employee’s wages for the month plus the amount recoverable from the employee specified in column (3) of this Schedule except that the aggregate shall not exceed $300 for the month.an amount equal to 61/2 per centum of the employee’s wages for the month or the difference between the employee’s wages for the month and $200, whichever is the less except that the amount recoverable from an employee shall not exceed $150 for the month.For the purpose of this Schedule in the calculation of percentages of any sum, fractions of a cent shall be ignored.”.