Non-Mandatory Funds

Read about the different Non-Mandatory Funds in Singapore here.

Chinese Development Assistance (CDAC) Fund

All employees belonging to the Chinese community may contribute monthly to the CDAC Fund. The Chinese community means every person who is a permanent resident or citizen of Singapore of Chinese descent. The monthly contribution is according to the wage levels indicated below:

*Gross Wages/Month Minimum Monthly Contribution to CDAC
≤ $2,000 $0.50
>$2,000 to $3,500 $1.00
>$3,500 to $5,000 $1.50
>$5,000 to $7,500 $2.00
>$7,500 $3.00

Mosque Building and Mendaki Fund (MBMF)

All working Muslim in Singapore are required to contribute to the Mosque Building & Mendaki Fund (MBMF).

From 1st June 2016, MBMF contribution rates have been revised as follows:

Monthly Total Wages Monthly Contribution Allocation to Mosque and Religious Education component Allocation to Mendaki component
≤ $1,000 $3.00 $1.75 $1.25
> $1,000 to $2,000 $4.50 $3.00 $1.50
> $2,000 to $3,000 $6.50 $5.00 $1.50
> $3,000 to $4,000 $15.00 $11.00 $4.00
> $4,000 to $6,000 $19.50 $13.50 $6.00
> $6,000 to $8,000 $22.00 $14.50 $7.50
> $8,000 to $10,000 $24.00 $16.00 $8.00
> $10,000 $26.00 $17.50 $8.50

Singapore Indian Development Association (SINDA) Fund

All working Indians (including the following groups with ethnic origins in the Indian sub-continents such as Bangladeshis, Bengalis, Parsees, Sikhs, Sinhalese, Telegus, Pakistanis, Sri Lankans, Goanese, Malayalees, Punjabis and Tamils) in Singapore may contribute a monthly sum to the SINDA Fund, according to the income levels indicated below:

Total amount of an employee's wages for the calendar month Contributions payable by an employee for the calendar month
≤ $1,000 $1.00
> $1,000 to $1,500 $3.00
> $1,500 to $2,500 $5.00
> $2,500 to $4,500 $7.00
> $4,500 to $7,500 $9.00
> $7,500 to $10,000 $12.00
> $10,000 to $15,000 $18.00
> $15,000 $30.00

Eurasian Community Fund (ECF)

All working Eurasian Singapore citizens and Singapore Permanent Residents may contribute monthly to the ECF according to the wage levels below:

Wage Level Minimum Monthly Contribution
≤ $1,000 $2.00
> $1,000 to $1,500 $4.00
> $1,500 to $2,500 $6.00
> $2,500 to $4,000 $9.00
> $4,000 to $7,000 $12.00
> $7,000 to $10,000 $16.00
> $10,000  $20.00

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