A photo was sent in by a netizen after his friend spotted a Facebook post stating that his ex-boss did not contribute CPF but had money for entertainment.
Advertisements
“Dono why my ex boss 
🐶like to play blue tick .. got money go drink, play girl and gamble no money contribute my cpf, wanna see how long u go mia 
👏”
According to MOM an employer that does not pay for an employees CPF on time(or not paying) is liable for the following offences.
- Late payment interest charged at 18% per annum (1.5% per month), starting from the first day of the following month after the contributions are due. The minimum interest payable is $5 per month.
- A fine of up to $5,000 and no less than $1,000 per offence and/or up to 6 months jail.
- A fine of up to $10,000 and no less than $2,000 per offence and/or 12 months jail for repeat offenders.
- Fine of up to $10,000, imprisonment of up to 7 years or both if you deduct your employee’s share of CPF contributions but fail to pay the contributions to CPF Board.
Source from MOM Website