Additional Funds SG infotype (0181) 

In this infotype, you enter data that is relevant to the processing of an employee’s contribution to additional social provident funds such as the Singapore Indian Development AssocIation (SINDA), Chinese Development Assistance Council (CDAC), and the Eurasian Fund (ECF).

 

Institution of Social Provident Fund

All additional funds are parts of a larger group of social security institutions. Depending on which of these institutions you select, you can determine the Additional Funds to which the employee can make a contribution.

Currently, the system only supports contributions to the Central Provident Fund.

Additional Funds

Depending on an employee’s ethnic origin, the employee  may have to make statutory payments to an additional fund, the contribution amount for which depends on the employee’s wages. For example, contributions towards SINDA. The fund that applies to the employee’s ethnic group is defaulted by the system as per the data maintained in the Personal Data infotype (0002) and Additional Personal Data infotype (0077).

It is also possible that an employee wants to make voluntary contributions to other funds, which the employee normally does not need to contribute to, or wants to contribute more than the legally required amount. In this case, you can specify a flat amount to be deducted and indicate that the contribution is wage independent.

If the voluntary contribution is for a fund that is wage dependent, then the contribution amount must exceed the statutory amount.