Biz Manpower

Foreign Workers

"I need workers"

Professionals & Executives

"I need a professional"

Ep & Compliance

"I already have my candidate"

Created by Three Six Fivefrom the Noun Project
Home > Glossary > CPF — Central Provident Fund

CPF — Central Provident Fund

central provident fund • CPF
DEFINITION
The Central Provident Fund (CPF) is Singapore’s mandatory savings scheme for citizens and permanent residents, funded by employer and employee contributions. Foreign workers on Work Permits, S Passes and Employment Passes do not receive CPF. It matters here because CPF records are how the Ministry of Manpower verifies local headcount for quota. (Confirm current contribution scope.)
RELATED TERMS

Full guide

Work Permit quota in plain English: how the maths actually works

Work out your number -Foreign worker quota calculator