CENTRAL PROVIDENT FUND (Arrears in payment)
Parliament of Singapore · 5 December 1995 · 8th Parliament
Official Report, 5 December 1995, Vol 65, Issue 4 · Open in the reader (summaries, search, filters)
Mr John De Payva asked the Minister for Labour how many companies were in arrears of paying Central Provident Fund contributions in 1993 and 1994 and if he will provide the information on a quarterly basis, stating the amounts owing.
Dr Lee Boon Yang: The CPF Board keeps records on arrears by employers. The number of employers with CPF contribution arrears in 1993 and 1994 and the estimated amount owing are as shown below:- _________________________________________________________________ No. of employers Estimated amount 1 Period in arrears owing ($) _________________________________________________________________ 1993 2 1st Quarter 13,816 not available 2nd Quarter 12,129 - do - 3rd Quarter 13,127 - do - 4th Quarter 14,441 70.09m _________________________________________________________________ 1994 1st Quarter 16,154 78.57m 2nd Quarter 15,096 70.14m 3rd Quarter 14,785 62.22m 4th Quarter 15,222 72.88m _________________________________________________________________ 1 Employers in arrears refer to those who are late in paying the CPF due by 1 month or more. 2 The amount of arrears for the first three quarters of 1993 is not readily available because CPF Board has re-vamped its computer system for tracking the amount owing around the 3rd quarter of 1993. Annex 1 - SINGAPORE TOTALISATOR BOARD DONATIONS TO ORGANISATIONS SINCE 1991 (Cols. 403 - 406) Mr Chiam's letter (Cols. 407 - 408) Mr Ling's letter (Cols. 409 - 410) Mr Ling's complaint (Cols. 411 - 412)
Source: Singapore Parliament Official Report (Hansard) for 5 December 1995. Republished on SGParliament.