SUBSCRIBERS

Record S$635.1m in CPF arrears recovered

Published Mon, Jun 5, 2017 · 09:50 PM

Singapore

THE Central Provident Fund Board has recovered S$635.1 million in CPF arrears owed to more than 380,000 employees in 2016 from employers who underpaid, did not pay or made late payments of CPF contributions.

This is the largest amount recorded since records of CPF arrears …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here