Singapore Majulah Package 2025: If you’re feeling anxious about retirement or how you’ll afford healthcare as you get older, you’re not alone. Many Singaporeans in their 50s and 60s are facing the same fears rising costs, uncertain savings, and the pressure of planning for the future. But there’s a little light on the horizon: the Majulah Package 2025. It’s not just another government scheme it’s real help for real people trying to live with dignity and peace of mind.
What’s the Majulah Package 2025 All About?
Imagine a program designed to ease your worries about retirement, reward your work, and take care of your health needs—all without having to lift a finger to apply. That’s exactly what the Majulah Package 2025 promises.
It’s a $8.2 billion support initiative for over 1.6 million Singaporeans born in 1973 or earlier, especially those in their 50s and early 60s. Whether you’re still working, retired, or somewhere in between, you may qualify for at least one of the following benefits:
What’s Included in the Majulah Package?
| Component | What You Get | Who It’s For |
|---|---|---|
| Earn and Save Bonus (ESB) | $400 to $1,000 every year in your CPF | Working seniors with low to moderate income |
| Retirement Savings Bonus (RSB) | One-time bonus of $1,000 or $1,500 in CPF | Those with low CPF savings and modest homes |
| MediSave Bonus | Up to $2,000 one-time top-up | Every Singaporean born in 1973 or earlier |
Are You Eligible?
Wondering if you qualify? Let’s break it down for you:
Earn and Save Bonus (ESB)
You’re eligible if:
- You were born in 1973 or earlier
- You’re employed, self-employed, or a platform worker
- Your monthly income is between $500 and $6,000
- You live in a property with Annual Value (AV) of $31,000 or less
- You don’t own more than one property
Bonus Amount by Income Tier:
| Monthly Income | Annual Bonus |
|---|---|
| $500 to $2,500 | $1,000 |
| $2,501 to $3,500 | $700 |
| $3,501 to $6,000 | $400 |
Even if you earn less than $500, you might still get $400 a year if you’re a caregiver, disabled, or receiving ComCare help.
No need to apply. If you qualify, the money goes directly into your CPF account every March—starting March 2025.
Retirement Savings Bonus (RSB)
You’ll receive a one-time bonus if:
- You were born in 1973 or earlier
- Your CPF retirement savings were below $99,400 as of 31 Dec 2022
- Your home’s Annual Value is $25,000 or less (as of 31 Dec 2023)
- You own no more than one property
| CPF Savings | Bonus |
|---|---|
| Less than $60,000 | $1,500 |
| $60,000–$99,400 | $1,000 |
Bonus will be credited to your CPF Retirement Account (RA) or Special Account (SA) depending on your age.
MediSave Bonus
Every Singapore citizen born in 1973 or earlier will receive up to $2,000 in their CPF MediSave Account.
This is a one-time bonus disbursed automatically. In fact, it was already enhanced by $500 in October 2024, just to give you more peace of mind about healthcare.
How Will You Get the Money?
Good news—you don’t have to fill out forms or go through confusing applications.
- Employees & platform workers: Your income will be automatically assessed.
- Self-employed? Just make sure you declare your income to IRAS so you can be considered.
- Payments will be deposited automatically into your CPF account based on your eligibility.
Why This Matters
Let’s be honest—planning for retirement can feel overwhelming. And when you’re already managing bills, family responsibilities, or health concerns, it’s easy to feel lost.
That’s why the Majulah Package isn’t just about money—it’s about dignity. It’s about the government recognising your hard work, your contributions, and giving you something back when you need it most.
FAQ
1. Do I need to apply for the Majulah Package?
Nope. If you’re eligible, you’ll be notified and the bonuses will be credited directly to your CPF.
2. What if I’m not working right now?
You may still receive the MediSave Bonus and Retirement Savings Bonus, depending on your income and property status. For the ESB, you must be working or self-employed.
3. I’m self-employed. How can I qualify for ESB?
Declare your income to IRAS. That’s all. If you meet the criteria, you’ll get the bonus.
4. I own more than one property. Can I still qualify?
Unfortunately, owning more than one property disqualifies you from the bonuses under this package.
5. What’s considered as CPF retirement savings?
For those 55 and older, it includes your Retirement Account (RA) and CPF LIFE. For those under 55, it includes Ordinary and Special Accounts.
6. When will the next payments happen?
- MediSave & RSB: Paid in Dec 2024
- Earn and Save Bonus: First payout in March 2025
Final Thoughts – You Deserve This Support
Life gets tough. But you’ve worked hard, raised families, paid your dues. The Majulah Package is a quiet promise from Singapore to stand by you in your later years. Let it ease your worries, even just a little.
So if you or someone you love was born in 1973 or earlier, take a breath—because help is already on the way.