Welcome to Singapore Payroll legal change newsBoard !!
Purpose
This child page is established for the latest news update for Singapore Legal Changes and corresponding implementation notes in standard SAP system.
Overview
The main informative and implementation notes will be listed here, any other ABAP correction instruction or manual change unrelated to legal change will be updated in Notes in PY-SG.
Any question after support package upgrade (CLC patching) , please contact SAP Active Global Support team by OSS message.
Section
- Year 2012 (CLC_SG_2012: SAP Note 1725997)
1. CPF Rate change effective from September 01 2012
According to the announcement on CPF website: http://mycpf.cpf.gov.sg/Members/Gen-Info/Con-Rates/ContriRA , the CPFcontribution rates for workers aged above 55 to 65 years will be
increased. However, this increase does NOT apply to granduted employer and employee rates for 1st or 2nd year SPR holders and their employers.
Related SAP Note released for customer: 1728251
- Year 2013
Related Content:
Related Documents:
On-Line, HR CLC schedule: http://service.sap.com/ocs-schedules -> open the document R/3 HR Support Package Schedule