Skill Development Fund (SDF)

All employers must contribute to the Skill Development Fund for their employees.

The CPF Board collects the skill development levy on behalf of the Singapore Workforce Development Agency. Ultimately, the levy is channelled into the SDF, which provides grants to companies that send their workers for training.

Employers have to contribute the levy for all employees up to the first $4,500 of gross monthly remuneration at a levy rate of 0.25%, subject to a minimum of $2, whichever is higher.

Employees include full-time, casual, part-time, temporary and foreign workers rendering services wholly or partly in Singapore.