Singapore CPF Contribution Rates, Eligibility, Process and other details What is the CPF and Why Should Employers Pay? The CPF is Singapore's social security net ensuring that employees have enough saved funds for retirement, hospitalization, and housing. Employers need to mandatorily pay the entire contribution to the Provident Fund. The employer can later deduct a certain portion from the employee's salary as specified by the authorities. In this way, Singapore citizens and...