Singapore Majulah Package 2025: Retired seniors in Singapore are getting one time financial assistance from the government to overcome their financial need under the Singapore majula package 2025. This program is specially designed for retirees in Singapore. Eligible seniors are receiving their desired amount in bank account according to the income condition and other factors. If you also want to get the benefits of Singapore majula package 2025 then you can read this article which will help you to understand the overview including the eligibility criteria, procedure to apply online, expected amount you can get, date of receiving the payment and other details.
Singapore majula Package 2025 Overview
Retirement is very challenging for low income individuals which stops the regular income of the senior from their workplace. The saving and other investment of the senior becomes the main source of income after the retirement.
But such an amount is not fufilling basic needs of the citizens and they are depend on extra and additional government assistance. Majula package is prepare for those individuals who retired and now facing financial difficulty to manage their personal expenses. Below is an overview of the key components, including the Retirement Savings Bonus and MediSave Bonus, as relevant to retired seniors.
Component | Description | Eligibility | Amount | Disbursement Timeline |
Retirement Savings Bonus | One-time top-up to CPF Retirement or Special Account for seniors with lower CPF savings. | Singapore citizens born in 1973 or earlier, with CPF savings below the 2023 Basic Retirement Sum ($99,400), living in homes with Annual Value (AV) ≤ $25,000. | $1,000 or $1,500 (based on CPF savings and housing type). | Q2 2025 (expected) |
MediSave Bonus | One-time top-up to CPF MediSave Account to support healthcare expenses. | Every Singapore citizen born in 1973 or earlier, with amount varying by age, Annual Value of residence, and number of properties owned. | $1,250 or $2,000 (enhanced from $750 or $1,500 as of October 2024). | December 2024 |
Earn and Save Bonus | Annual CPF top-up to support working seniors’ retirement savings. | Working seniors born in 1973 or earlier, with lower income receiving higher top-ups. | $400 to $1,000 annually (not applicable to fully retired seniors). | First payment in March 2025 |
What is Majulah Package in 2025
The Majulah Packages provide a comprehensive benefit to young seniors in Singapore who are in their 50s to 60s age. The program is not offering only the monthly retirement benefit to eligible participants but his also providing one time financial assistance of up to $1500 and one time MediSave Bonus of up to $2000 for medical expenses. In this article, we are highlighting the overview of one time $1500 financial assistance from the package where you can check your eligibility and apply for the benefit accordingly.
Payout Table
Bonus Type | Amount | Disbursement Date |
Retirement Savings Bonus | $1,000–$1,500 | July 2025 |
MediSave Bonus | $2,000 | December 2024 or early 2025 |
Earn and Save Bonus | $400–$1,000 | March 2025 (annually) |
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When and How Will You Get the Money?
Timing is everything, so here’s the scoop on when these bonuses will hit your accounts:
- Retirement Savings Bonus: The one-time $1,500 (or $1,000 for some) will be credited in July 2025.
- MediSave Bonus: The $2,000 top-up is already rolling out, with most seniors receiving it by December 2024, but some may see it in early 2025.
- Earn and Save Bonus: The first payment of $400 to $1,000 starts in March 2025, based on your income from the 2024 Year of Assessment.
Singapore Majulah Package: Features
Following these step to receive the benefits of Majulah package program in Singapore to receive a maximum one time benefit of $1500
- Financial Relief: The $1,500 cash bonus can help cover daily expenses like groceries, utilities, or even a small treat like a family dinner.
- Healthcare Support: The $2,000 MediSave top-up is a lifeline for medical costs, especially with Singapore’s core inflation expected to hit 3% in 2025 and healthcare expenses rising.
- Work Incentives: The Earn and Save Bonus encourages seniors to keep working part-time, boosting their CPF savings for the long haul.
- No Hassle: Automatic payouts mean no paperwork or complicated applications—perfect for seniors who aren’t tech-savvy.
- Targeted Help: Lower-income seniors and those with smaller CPF balances get bigger bonuses, ensuring fairness.
Who are eligible for Singapore Majulah Package
Following individuals are eligible to receive the benefits of Majulah package program in Singapore to receive a maximum one time benefit of $1500:
- The applicant should be a permanent citizen of Singapore.
- The applicant should be born between 1973 to receive the benefits of the Majulah package in Singapore. This age criteria resigned to include only qualified seniors who are retired and now different on their investment in the program and Finance assistance.
- This program is prepared for those singaporeans seniors who have invested their salary in CPF retirement savings program.
- The total sum of retirement amount of the applicant should be less than $99400 to be eligible for getting the maximum benefits of $1500 in this program. However if your total retirement amount is less than $60,000 then you will still be able to apply in this program and can get up to $1000 from authority.
- The applicant should live in their own house with an annual worth of $25000. It will allow only needed seniors in the country who required the one time benefit to fulfill their basic needs after retirement.
How to apply for the benefit
There is no separate application procedure for the Singaporean Majulah package program one time benefit of $1500. If you are already contributing a portion of your salary in the CPF program in Singapore then your eligibility will automatically be listed to offer one time benefits after retirement. Once you get your retirement, and start to receive your retirement benefits, the department will automatically release the one time benefit in your bank account instantly under this program.
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When will you receive the payment
Benefit of one time Majulah Package Benefits are released into two types of account where is the applicant is under the age of 55 then the department releases their payment in Special Account- SA and seniors who crossed the age of 55 are getting the payment in their Retirement Account – RA. Usually the payment of the program is released in December annually, however department will automatically send a notification on your email id and mobile number through sms at the time of releasing the payment and after that you can check your bank account status accordingly
FAQs about Singapore Majulah Package
Who qualifies for the Majulah Package?
Singaporeans born in 1973 or earlier, living in Singapore, with CPF savings below $99,400 and property Annual Value of $25,000 or less.
When will I get the $1,500 bonus?
It’s a one-time payout in July 2025, credited to your CPF Retirement Account.
Can I get the Earn and Save Bonus if I’m retired?
No, it’s for seniors earning up to $6,000 a month while working. The first payment is in March 2025.
What if I don’t have PayNow-NRIC?
You’ll get a cheque, but linking to PayNow is faster. Update via Singpass.