29 Apr '14, 3am

#CPF Board recovers $420m in #employer contribution arrears #enforcement

[SINGAPORE] A step-up in reinforcement and greater awareness of workers' rights have led to a recovery of $420 million in CPF arrears last year, up from $293 million in 2012. The arrears, which will benefit 250,000 local workers, were recovered from underpayment, non-payment and late payment of CPF contributions by employers, the Central Provident Fund Board said in a statement yesterday. "The increase in CPF arrears recovered was due to the step-up in enforcement efforts by CPF Board, as well as an increased awareness of workers' rights, generated by the WorkRight initiative," it said. WorkRight was introduced in 2012 by the Ministry of Manpower and CPF Board to raise national compliance with the Employment Act and CPF Act. The areas of focus include payment of CPF contributions, timely salary and overtime payment, provision of paid annual and sick leave. The CPF Board sa...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

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