Singapore’s Majulah Package 2025 offers crucial support to seniors born in 1973 or earlier, addressing retirement adequacy and healthcare needs.
Under this package, eligible seniors receive a one-time Retirement Savings Bonus of S$1,000–1,500, a MediSave Bonus of up to S$2,000, and a recurring Earn and Save Bonus between S$400–1,000.
With over 1.6 million recipients expected, the Majulah Package is a cornerstone initiative in ensuring senior welfare and dignity.
What’s in the Majulah Package?
| Component | Type | Amount | Why It Matters |
|---|---|---|---|
| Earn & Save Bonus (ESB) | Annual CPF top-up | S$1,000 / S$700 / S$400 | Rewards seniors earning S$500–6,000/month, max. 1 property AV ≤ S$25k |
| Retirement Savings Bonus (RSB) | One-time CPF top-up | S$1,500 (<S$60k CPF) / S$1,000 (S$60k–S$99.4k CPF) | Helps those below Basic Retirement Sum (BRS) of S$99.4k |
| MediSave Bonus (MSB) | One-time CPF top-up | S$750–2,000 (tiered) | Supports seniors’ MediSave; amount depends on age, housing |
Breakdown of Retirement Savings Bonus (RSB)
- CPF retirement savings < S$60,000 → Receive S$1,500
- CPF savings S$60,000–99,400 → Receive S$1,000
Payments are automatically credited to your Retirement Account (RA) (or SA if RA isn’t set up) by December 2024.
MediSave Bonus Details
All seniors born in 1973 or earlier qualify. The bonus depends on ownership of 1 or fewer properties, Annual Value ≤ S$25,000, and year of birth:
- Born 1960–1973: up to S$1,500
- Born ≤1959: S$750 (or higher if eligible)
Higher contributions apply for those meeting criteria Disbursed in December 2025 to MediSave Account.
Earn & Save Bonus (ESB) Structure
This annual top-up, starting 2025, encourages continued workforce participation among seniors aged 55+. Requirements include monthly income between S$500–6,000, living in modest housing (AV ≤ S$25k), and owning ≤1 property:
- S$500–2,500/month → S$1,000
- S$2,500–3,500/month → S$700
- S$3,500–6,000/month → S$400
Healthcare recipients and caregivers automatically receive S$400.
Funding & Reach
- Covers ~1.6 million seniors born in 1973 or earlier .
- Total package cost is S$8.2 billion, with S$7.5 billion drawn from a new Majulah Package Fund.
- No application needed—credits issued automatically based on existing CPF, IRAS, HDB and Singpass data.
FAQs
Do I need to apply to receive the S$1,500 bonus?
No—automatic disbursement based on CPF and property data; ensure your records are current.
When will funds be credited to my CPF accounts?
The Retirement Savings and MediSave Bonuses are credited in December 2025, while the Earn & Save Bonus follows in2025.
Can I receive all three bonuses?
Yes—eligible seniors may receive all three components if they meet respective income, CPF, and housing conditions.