Pension Overview for Singapore
Scheme Overview
Both you and the Company have the ability to save towards your retirement through the Government Central Provident Fund (CPF) and/or Dow Jones Singapore Retirement Benefit (DJSRB) schemes. Details of the schemes can be found on the CPF website and the DJSRB Member Booklet.
| Central Provident Fund (CPF) | Dow Jones Singapore Retirement Benefit Scheme (DJSRB) | |
|---|---|---|
| Eligibility | Singaporeans and Singapore permanent residents (SPRs) only | Permanent (completed probation) full-time employees only |
| Contribution | ||
| Scheme Administrator | CPF Board | AutoWealth Pte Ltd. |
| Remarks | Transferable to the next company in Singapore. | Subject to vesting schedule. Refer to DJSRB Member Booklet for details. |
How do I enroll?
The Payroll Team will enroll you for CPF when you are onboard with Dow Jones and/or enroll you for DJSRB when you completed probation. You will receive a Welcome Email with the login details within one month from enrollment into the DJSRB scheme.
If I have questions, who can I contact?
For DJSRB scheme questions, please contact our scheme administrator – AutoWealth Pte Ltd and their dedicated wealth manager at +65 9298 0044 (Mon to Fri, 10 am to 6 pm) or email dowjones@autowealth.sg for support.
For other questions on CPF, tax and other statutory contributions, you can contact the Payroll Team via Sofi.