Questions regarding Cpf

[Skidmarkz]

Hi, I am currently working full time for a SG company but stationed at overseas. CPF is paid accordingly and routine by them. (Company A)

And then I have got a company asking me to do part time job and they would pay me salary and CPF as well. (Company B)

So if Company A pays me salary and CPF, plus they increase their quota workers as well, and same thing too by Company B, is it okay for me?

Thank you

[jalanjalan]

If your question is about the quota aspect:

"3. We recognise that some locals may work in more than one job across different companies. To avoid disincentivising employers from hiring these workers, we allow a local worker to count towards the foreign worker quota for up to two firms. These workers will count as one local employee if they are paid at least LQS by the firm, or half a local employee if paid at least half of the LQS. We cap the number of firms at two, as there is a natural limit to the number of full-time jobs a local can work in a month."

source: https://www.mom.gov.sg/newsroom/parliam ... iple-firms

As for CPF:

"If you are concurrently employed by more than one employer, all your employers must pay CPF contributions based on the wages payable to you. This is because the Ordinary Wage (OW) ceiling is applicable on a “per employment” basis."

source: https://www.cpf.gov.sg/member/faq/growi ... ments-only


I'm not sure if your being overseas affects anything.

[NYY1]

Is Company B a Singaporean Company (how else would they pay CPF)?

Other things to consider:
a) Are you in compliance with your employment contract with Company A? If they don't care, that's all fine.
b) If not, but you just don't plan to tell them, I am not sure what happens if you bump up against the contribution cap.