What if company does not pay employee's CPF?
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Hi, just wondering what are the penalties that an employer will face if they to not contribute to the employee's CPF?And also, if by signing a form which says that you understand that they(employer) need not contribute to your CPF, is that document legally binding and as such,they need not contribute?
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Write a complaint to your prime minister.
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If got sign document, then binding lah, else, if employer failed to contribute employee's CPF, employee can go MOM to complain, and MOM will go after the employer for the money (if persistance offender may also be fined).Originally posted by SpecOps87:Hi, just wondering what are the penalties that an employer will face if they to not contribute to the employee's CPF?And also, if by signing a form which says that you understand that they(employer) need not contribute to your CPF, is that document legally binding and as such,they need not contribute? -
If you're signed that agreement, you are legally binded not to be paid CPF should the company doesn't wish to.
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I thought CPF is compulsory for all singaporean worker? My Chief Clerk, a HR expert told me this. The document is useless if go to CPF. He told me that also.
He even reminded me of cunning singaporean, which I must believe him..
So, only the law can allow that. Employee pay yourself..Employer pay his part will do. Then you still get 13% in CPF while your family get 20% extra..
Wouldn't it be better? -
Some employer can don't declare employee's existance. Then don't have to pay cpf for them......
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Bingo! You hit the hammer right on the nail.Originally posted by crispylips:Some employer can don't declare employee's existance. Then don't have to pay cpf for them...... -
but employee need to accept the offer first also right? when they sign the appointment letter.
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Assuming that part is done, both employee and employer have signed and confirm agreements in the appointment letter, what's next?Originally posted by crispylips:but employee need to accept the offer first also right? when they sign the appointment letter. -
it is illegally.Originally posted by vince69:If got sign document, then binding lah, else, if employer failed to contribute employee's CPF, employee can go MOM to complain, and MOM will go after the employer for the money (if persistance offender may also be fined).
otherwise a lot of people will opt to get more cash and not pay cpf. -
Then GET TO WORK!!!!!! lor......i think this mostly applies to foreign workers or foreign talents who are not aware of the system here. can it be? But work permit still need right?Originally posted by ditzy:Assuming that part is done, both employee and employer have signed and confirm agreements in the appointment letter, what's next? -
But have read that the document though signed is not legally bound. Also, does anyone have any idea if I can charge the company for opportunity cost as they held back one of my payments frm Oct 2005 till now. And have also accused me publicly for stealing merchandise from the outlet which I've been assigned to, which is actually untrue. As such its totally humilating.I went down to the outlet today and spoke with the staff and the dept. manager and they said that there wasn't such an incident at their outlet during my attachment with them.
Please advise me.Thanks -
ya lor, black and white doesn't always have to be legal and binding.Originally posted by dragg:it is illegally.
otherwise a lot of people will opt to get more cash and not pay cpf. -
dun worry, government will fix ur company
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a lot of companies owe cpf board money. it is nothing new. the board will chase them.Originally posted by SpecOps87:Hi, just wondering what are the penalties that an employer will face if they to not contribute to the employee's CPF?And also, if by signing a form which says that you understand that they(employer) need not contribute to your CPF, is that document legally binding and as such,they need not contribute? -
And if the company closes down first?Originally posted by dragg:a lot of companies owe cpf board money. it is nothing new. the board will chase them. -
Then how to make the account right? Payment to nowhere? cannot be right..can enlighten me.Originally posted by crispylips:Some employer can don't declare employee's existance. Then don't have to pay cpf for them...... -
hard luck lor.Originally posted by ditzy:And if the company closes down first? -
But what if i report them? Will i also be charged?Cuz my dad told me that I should.
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I myself has no experience of this. But if i am the employer, i will just declare no. of staff as less than the actual figure. example 10 in the company, i only declare 5. the other 5 i sign agreement to give them more salary with no cpf. Then every month i pay them using cheque lor. workable? MOM cannot check one wat.....
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Correction, MOM won't even bother to check.
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why did you agree in the first place?Originally posted by SpecOps87:But what if i report them? Will i also be charged?Cuz my dad told me that I should.
you got a better take home pay? -
provided your company has no auditing.Originally posted by crispylips:I myself has no experience of this. But if i am the employer, i will just declare no. of staff as less than the actual figure. example 10 in the company, i only declare 5. the other 5 i sign agreement to give them more salary with no cpf. Then every month i pay them using cheque lor. workable? MOM cannot check one wat..... -
maybe i can pay the audit coffee money too?
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then it becomes very complicated.Originally posted by crispylips:maybe i can pay the audit coffee money too?
it is not easy to cover all base.
but of course there are plenty of shrewd businessmen out there who know how to plug the loopholes.