CPF

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How do I calculate my CPF contribution amounts?
How do I calculate my CPF contribution amounts?

Your CPF contribution is calculated based on your monthly net earnings (after 60% FEDA - Fixed Expense Deduction Amount) and the contribution rate applicable to your age, calculated separately on a per platform basis, earnings and opt-in status on a platform.

EXAMPLE

Step 1: Determine your gross earnings on Gojek for the month: $3,000

Step 2: Apply your Fixed Expense Deduction Amount (FEDA): 60% expense for cars

Step 3: Compute your net earnings: $3,000 x (100%-60%) = $1,200

Step 4: Key in your net earnings into Platform Workers CPF Contribution Calculator  to find out your contributions and allocation.

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