Skip to main content
About Us

Majulah Package

The Majulah Package aims to provide Singapore citizens born in 1973 or earlier with an additional boost for their retirement.

What is it

Note: In October 2024, the Government announced that the MediSave Bonus will be enhanced by $500, to provide added assurance for healthcare. Singaporeans born in 1973 or earlier will receive a higher MediSave Bonus of $1,250 or $2,000, up from $750 or $1,500 previously.

The Majulah Package comprises the following

  • Annual Earn and Save Bonus
  • One-time Retirement Savings Bonus
  • One-time MediSave Bonus

Every Singaporean born in 1973 or earlier will receive at least one of the bonuses under the Majulah Package. The package will benefit about 1.6 million Singaporeans.

Earn and Save Bonus

The Earn and Save Bonus supplements eligible working seniors' retirement savings through an annual CPF bonus. Eligible working seniors with lower income will receive a higher CPF bonus.

Retirement Savings Bonus

The Retirement Savings Bonus is a one-off bonus for seniors with CPF retirement savings below the 2023 Basic Retirement Sum of $99,400. Eligible seniors can receive a one-off CPF bonus of up to $1,500, depending on the amount of CPF retirement savings you have.

MediSave Bonus

The MediSave Bonus supplements medical savings of seniors through a one-off CPF bonus of up to $2,000, depending on your age, Annual Value of your residence, and the number of properties you own.

Majulah Package. Supporting you forward. A 55-year-old earning $2,000 a month would receive about $20,000 in additional cash and CPF if he works until 65. This includes interest earned, and excludes MediSave Bonus. Subject to eligibility criteria. Under Majulah Package, this member would receive the following: $1,000 one-off Retirement Savings Bonus. $2,000 one-off MediSave Bonus. $1,000 per year from the Earn and Save Bonus. Under the enhanced support measures, the member would also receive $4,200 per year in Workfare Income Supplement payments.

Majulah Package. Supporting you forward A 55-year-old earning $6,000 a month would receive about $4,800 in additional CPF if he works until 65. This includes interest earned, and excludes MediSave Bonus. Subject to eligibility criteria. Under Majulah Package, this member would receive $2,000 one-off MediSave Bonus and $400 per year from the Earn and Save Bonus.

Majulah Package. Supporting you forward. A 65-year-old earning $1,200 a month would receive about $11,100 in additional cash and CPF yearly. This excludes MediSave Bonus. Subject to eligibility criteria. Under Majulah Package, this member would receive the following: $1,500 one-off Retirement Savings Bonus. $1,250 one-off MediSave Bonus. $1,000 per year from the Earn and Save Bonus. Under the enhanced support measures, the member would receive $4,300 per year in Workfare Income Supplement payments and $4,300 per year in Silver Support Scheme payments.

Find out more

For more information, you can: