Majulah Package offers up to S$1,500 CPF bonus plus MediSave support for seniors. Singapore has introduced this scheme to strengthen retirement income and healthcare security.
Majulah Package Benefits Breakdown
| Benefit Component | Maximum Support | Credit Method | Expected Timeline |
|---|---|---|---|
| CPF Retirement Savings Bonus | Up to S$1,500 | CPF Retirement Account | From 2025 onwards |
| MediSave Bonus | Varies by eligibility | MediSave Account | From 2025 onwards |
| Earn and Save Bonus | Annual CPF contributions | CPF Account Credit | Ongoing |
What Is the Majulah Package?
The Majulah Package is a targeted Singapore government retirement support scheme for citizens born in 1973 or earlier.
It focuses on improving CPF retirement savings, reducing healthcare costs, and supporting seniors who continue working.
Key components include:
- CPF Retirement Savings Bonus
- MediSave Bonus for healthcare
- Earn and Save Bonus for working seniors
CPF Retirement Savings Bonus (Up to S$1,500)
Eligible seniors may receive a one-time CPF top-up of up to S$1,500.
This amount is credited directly into the CPF Retirement Account (RA), which increases future monthly payouts under CPF LIFE.
Eligibility depends on:
- CPF retirement balance levels
- Property ownership
- Age and citizenship
Higher RA savings translate into stronger lifelong monthly income, making this a critical retirement boost.
MediSave Bonus for Healthcare Costs
The package includes a MediSave top-up to support medical expenses during retirement.
Funds can be used for:
- Hospitalisation bills
- Outpatient treatments
- MediShield Life premiums
- Approved medical expenses
This reduces reliance on out-of-pocket cash payments and strengthens long-term healthcare security.
Earn and Save Bonus for Working Seniors
Seniors who remain employed will receive annual CPF contributions through the Earn and Save Bonus.
This incentive:
- Rewards continued employment
- Builds additional retirement savings
- Supports financial independence in later years
The bonus amount varies based on income and employment status.
Why This Matters
Singapore’s ageing population and rising cost of living make retirement planning more critical than ever.
The Majulah Package strengthens financial security by:
- Increasing CPF balances for lower-income seniors
- Supporting healthcare affordability through MediSave
- Encouraging workforce participation among older citizens
For those nearing retirement, this directly impacts CPF LIFE monthly payouts and long-term stability.
Missing out on eligibility checks could mean losing valuable retirement support.
[Link to Official Source – Apply Here]
FAQ – Majulah Package Singapore
Who qualifies for the Majulah Package?
Singapore citizens born in 1973 or earlier may qualify, subject to CPF savings and property criteria.
How much can seniors receive?
Up to S$1,500 CPF Retirement Savings Bonus, plus additional MediSave and annual CPF contributions.
When will payouts start?
Benefits are credited progressively from 2025 onwards.
Is this a cash payout?
No. Benefits are credited directly into CPF accounts (RA and MediSave).
Do seniors need to apply?
No application is required. Eligible citizens will receive payouts automatically.
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