Your local workforce is updated on
the second working day and second Saturday of each month.
You will not see an immediate
increase in quota. This is because we take the average of CPF
contributions over a three-month period to calculate your quota. If you make
the CPF contributions by the 14th of the same month, it will be included in
next month’s quota calculation. For example, if you pay your employees’ July
contributions by 14 July, it will be included in your quota for August. The quota
for August will be worked out using May, June and July’s CPF contributions.
This way, companies that have recruited locals recently will be able to see
their quota updated earlier.
However, some companies prefer to make CPF
contributions for their employees in the next month, i.e. CPF contributions for
July are made in August. For those, MOM adopts the same method of a 3-month
average to compute the foreign worker quota. The difference is when the foreign
worker quota is updated. Using the example of employees’ July contributions
that are made in August, the foreign worker quota in August will then be worked
out using April, May and June’s CPF contributions.