Page 1 of 1

CPF Interest

Posted: 14th Mar, '08, 18:45
by expat yorkshire
As I am now paying CPF for my company i notice that late payments attracts a fine to some calculation of interest .

My CPF used to be often paid late but i dont recall receiving any interest payment top up to compensate me for lost interst does anybody know what happens to the fine ???

Re: CPF Interest

Posted: 16th Mar, '08, 22:28
by Fat Bob
Probably something to ask the CPF board.

Re: CPF Interest

Posted: 16th Mar, '08, 23:04
by sundaymorningstaple
It helps to pay their 2.5 to 3.5 months bonuses every year.