Hacker News new | ask | show | jobs
by djtango 121 days ago
You don't pay CPF unless you have Permanent Residence/Citizenship so there isn't any mandatory saving for migrant workers (both low income unskilled and high income skilled labour) AFAIK?
1 comments

Yep. As someone who worked on an EP, the difference was that I paid a low rate of tax that didn't contribute towards Singaporeans' retirement income, whereas a Singaporean living in Europe would pay a higher rate of tax that contributed towards Europeans' retirement income