The Majulah Package is a comprehensive assistance plan by the Singapore Government designed to strengthen retirement and medical savings for seniors and full-time workers, especially those born in 1973 and earlier. The package includes significant CPF top-ups such as the MediSave Bonus, Retirement Savings Bonus, and the annual Earn and Save Bonus in 2025.
Main Components of the Majulah Package
- MediSave Bonus
- Seniors born in 1973 and before receive a one-time CPF MediSave top-up of up to S$2,000 based on age, property value, and ownership.
- Seniors born 1960–1973 can receive up to S$2,000, while older age groups receive S$1,250.
- Updated in October 2024 to help cover rising healthcare costs, including MediShield Life premiums.
- Retirement Savings Bonus (RSB)
- Approximately 800,000 eligible seniors receive a one-off CPF top-up of S$1,000–S$1,500 depending on CPF savings at the end of 2022.
- Helps seniors reach the Basic Retirement Sum of S$99,400 by 2023.
- Earn and Save Bonus (ESB)
- Annual CPF boost of S$400–S$1,000 to encourage continued employment.
- Eligibility: Seniors earning S$500–S$6,000 per month, residing in a property with annual value ≤ S$31,000, and owning no more than one house.
- Introduced in March 2025 and payable annually thereafter.
Who Is Eligible?
- Singaporeans born on or before 31 December 1973.
- Must meet income, property ownership, and property value requirements.
- MediSave Bonus: ~1.6 million Singaporeans eligible.
- Retirement Savings Bonus: ~800,000 eligible seniors.
- Earn and Save Bonus: Annual perk for working seniors who meet income criteria.
Payment Schedule and Notifications
- One-time MediSave and Retirement Savings Bonuses began payments in December 2024.
- Earn and Save Bonus begins March 2025, with annual follow-ups.
- Government sends notifications via SMS; no action is required from recipients.
- All bonuses are automatically credited to CPF accounts—no cash payments.
| Benefit | Amount | Eligibility | Payment Start |
|---|---|---|---|
| MediSave Bonus | Up to S$2,000 | Seniors born 1973 and earlier, property/value conditions | December 2024 |
| Retirement Savings Bonus | S$1,000–S$1,500 | CPF retirement savings below threshold | December 2024 |
| Earn and Save Bonus | S$400–S$1,000 per year | Working seniors meeting income/property criteria | March 2025 onwards |
FAQs
Are these payments taxable?
No, all Majulah Package CPF top-ups are not subject to income tax.
Do I need to apply?
No, payments are automatic for eligible CPF accounts.
How can I check eligibility?
Use the government benefits site with your Singpass account.
Overall, the Majulah Package in 2025 provides strong financial support to Singaporean seniors and working adults, strengthening retirement savings and easing healthcare costs through targeted CPF top-ups and annual bonuses.
