As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Friday, 4 September 2015

Return My CPF???

Depending who you are asking?

CPF contributions and CPF Investment scheme are good for our CPF OA! No?

Uncle8888's CPF OA CAGR @ 13.7% since Jan 2002

Now who hates CPF?

Some notes on CPF limit and ceiling:

What is the CPF Annual Limit?


​The CPF Annual Limit is the maximum amount of mandatory and voluntary contributions to all three CPF Accounts that a CPF member can receive in a calendar year.  The current CPF Annual Limit is $31,450. 

What are the CPF contribution ceilings?

  • ​​​​​Ordinary Wage Ceiling
    ​ Ordinary Wages (OW) are wages due/granted wholly and exclusively for your employment in a month and are payable before the due date for payment of CPF contributions for that month. An example of OW is your monthly salary.
    The maximum amount of CPF contribution payable on OW is the OW Ceiling, which is currently $5,000. For example, if you earn a monthly wage of $5,500, only $5,000 would attract CPF contributions; the remaining $500 would not.​​​

  • ​Additional Wage Ceiling
    Additional Wages (AW) are wages which are not granted wholly and exclusively for your employment in the month. These payments are usually made at intervals of more than a month. Examples of AW are your annual bonus and leave pay.
    The AW Ceiling is the maximum amount of AW that attracts CPF for the year, and can be computed using the following:
    ​$85,000 - Total OW subject to CPF​ for​ the year

    For example, if you joined the company in January 2014 with a monthly wage of $5,000 and was granted a year-end bonus of $30,000 in December 2014, the AW ceiling that is applicable would be $85,000 – ($5,000 x 12) = $25,000. Since the year-end bonus amount is more than the ceiling, only $25,000 would attract CPF contributions; the remaining $5,000 would not.
    The AW ceiling is computed on a per employer basis. You may use our Additional Wage Ceiling Calculator to compute this amount and refer to some examples of computation.


  1. CW,

    I was invited to a CPF talk in Bedok, but I declined.

    What's the point?

    It's like preaching to the choir boys.

    If one desperately need our CPF to be returned to us at age 55, its a sign...

    If one does not need to touch our CPF at age 55 and is willing to defer the CPF Life payout to age 70, it shows...

    1. CW,


      They got their own 'speakers" and wanted me to "cover" the event.

      Never do research.

      I'm not exactly a parrot am I?

      You understand me best as we have "fought" the most.

      Both of us are not other people's mouthpiece, are we?


      We both like CPF - that's self-interest.

      And that's enough.

      No need to become "vested interest". Shh...

  2. CW,

    Take the eggs or keep the golden goose?

    1. For seniors who are 55 and above; their CPF OA @ 2.5% CAGR is better than SSB @ 10 years, 2.35% average yield.

      See that difference! Seniors have that edge.


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