TNAG-0786-FCO40-990-Policy-of-Government-of-Hong-Kong-on-labour-and-trade-union--1978 — Page 185

Appendix XVI

Central Provident Fund Act, 1953 of Singapore:

Rates of contribution to the Central Provident Fund

(A) RATES GENERALLY APPLICABLE TO NON-GOVERNMENT SECTORS.

Total amount

of employee's

wages for the calendar month

Contribution payable by the employer

Amount recoverable from the employee's wages

Not exceeding $10

Exceeding $10 but not exceeding $200

Exceeding $200 but not exceeding $363

Nil

15 per cent of employee's wages

16 per cent of employee's wages plus one-third of the difference between employee's wages and $200

Nil

Nil

ź per cent of employee's wages plus one-third of the difference between employee's wages and $200

Exceeding $363

31 per cent of employee's ordinary wages, subject to a maximum of $620 plus

31 per cent of any additional wages

One-half of the total amount payable by the employer

/(B)