CPF contributions definition

CPF contributions means the monthly contributions made to the Central Provident Fund by each mortgagor
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CPF contributions means the moneys standing to the credit of a member in the Fund;
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CPF contributions means the monies standing to your credit in the Central Provident Fund from time to time or any part thereof;
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Examples of CPF contributions in a sentence

  • Any Central Provident Fund (CPF) contributions required of the Company or you will be in accordance with current CPF legislation.

  • The Employee’s and Employers CPF contributions will be made in accordance with the relevant statutory provisions.

  • The annual wages, salaries and other monetary earnings must consist of the normal wages and annual wages supplements but excluding travelling allowances and employers’ CPF contributions.

  • This payment will be subject to both Employee and Employer CPF contributions (where applicable) and it is a taxable benefit.

  • As EAPayment is not regarded as income earned, it is not taxable and will not attract CPF contributions.

  • However, those paid the backdated employer's CPF contributions for their pensionable service may continue to retain the benefits in their CPF account as their pensionable service had thereby been converted to full CPF service.

  • As an independent consultancy firm, Agency shall pay and report all state income tax withholding, mandatory Central Provident Funds ("CPF") contributions, any insurance and other similar taxes applicable to Agency.

  • A contribution of $2.40 per straight time hour worked prevents any employee’s annual CPF contributions from exceeding $5,000.00 in a year and therefore complies with limitations set forth under Minnesota Statute § 356.24, Subd.

  • The contribution of $0.96 per hour prevents an employee’s annual CPF contributions from exceeding $2,000.00 in a year and therefore complies with limitations set forth under Minnesota Statute § 356.24, sub.

  • Base salary does not include Employer’s CPF contributions, benefits, bonuses or any other potential compensation such as allowances, tax abatements etc from an employer.

Related to CPF contributions

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Member contributions means all amounts paid to ASRS by a member.

  • Regular contributions means contributions required from members under a retirement plan.

  • Payments in lieu of contributions means the money payments to