For those who are born on or after January 1, 1995, there is no need to opt-in as contribution is mandatory.
For those born before 1 January 1995, CPF contribution is optional for you. You will be able to opt-in via the CPFB’s portal from 1 November 2024. While there is no deadline to opt-in, do take note that you will not be able to opt-out once you have done so.
If you opt in by the 15th of the month, you will receive CPF contributions from the following month. Otherwise, CPF contributions will be received from the 2nd month onwards.
As an example, if you opt-in on 15 December 2024, your CPF contributions will begin on 1 January 2025. However, if you opt-in on 16 December 2024, your CPF contributions will begin on 1 February 2025.
This cut-off date applies to all platform workers, including newly onboarded driver-partners.
Once opt-in is successful, you will receive a confirmation email and SMS from the CPFB.
