In the CPF contribution, there are also these contribution (CDAC, ECF, MBMF, SINDA) to the SHGs Funds. The funds are set up to uplift the less privileged and low income households in the Chinese, Eurasian, Muslim and Indian communities.
Chinese Development Assistance Council (CDAC) Fund
All employees belonging to the Chinese community who are Singapore Citizens and Singapore Permanent Residents need to contribute monthly to the CDAC Fund according to the wage levels below.
Eurasian Community Fund (ECF)
All employees belonging to the Eurasian community* who are Singapore Citizens and Singapore Permanent Residents need to contribute monthly to the ECF according to the wage levels below.
Mosque Building and Mendaki Fund (MBMF)
All working Muslims who are Singapore Citizens, Singapore Permanent Residents and foreign employees need to contribute to the MBMF according to the wage levels below.
All employees belonging to the Indian* Community who are Singapore Citizens, Singapore Permanent Residents and Employment Pass holders need to contribute monthly to the Singapore Indian Development Association (SINDA) Fund according to the wage levels below.
Source:
https://www.cpf.gov.sg
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