Our CPF OA The Ordinary Wage (OW) Ceiling limits the amount of OW that would attract CPF contributions. The OW Ceiling is capped at $6,000 currently. For example, if an employee’s OW for a calendar month is $6,500, his CPF contribution would be computed based on an OW of $6,000; CPF contribution is not required on the remaining $500. Read? CPF Contribution and Allocation Rates Median Income in Singapore Read? Income growth slows in Singapore; median salary now above S$4,500: MOM report Read? ​Summary Table: Income The nominal median income of Singapore residents on full-time employment increased this year to S$4,563 from the S$4,437 recorded in 2018, the Ministry of Manpower (MOM) report said. How big is our CPFIS as war chest for market timing for the next few STI crashes? Assuming $6K monthly CPF cap and 2 months bonus i.e. total 14 months of CPF OA and 35% of CPFOA to grow CPFIS as war chest. From the numbers,  it seen...