CPF Board recovers $420m in employer contribution arrears
[SINGAPORE] A step-up in reinforcement and greater awareness of workers' rights have led to a recovery of $420 million in CPF arrears last year, up from $293 million in 2012.
The arrears, which will benefit 250,000 local workers, were recovered from underpayment, non-payment and late payment of CPF contributions by employers, the Central Provident Fund Board said in a statement yesterday.
"The increase in CPF arrears recovered was due to the step-up in enforcement efforts by CPF Board, as well as an increased awareness of workers' rights, generated by the WorkRight initiative," it said.
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