KEY HIGHLIGHTS
- Majulah Package supports 1.6 million Singaporeans born in 1973 or earlier
- Working seniors can receive up to S$1,000 yearly via CPF top-ups
- Total benefits can reach several thousand dollars if you qualify fully
For many Singaporeans in their 50s and early 60s, it’s not just about yourself.
You’re still helping parents, supporting children, and worrying if CPF is really enough.
That’s exactly who the Majulah Package is for.
What Is the Majulah Package, Exactly?
The Majulah Package is a multi-billion dollar government support scheme aimed at boosting retirement and healthcare security.
It covers about 1.6 million Singaporeans — especially those often called “Young Seniors”.
If you were born in 1973 or earlier, this matters to you.
| Benefit Component | How Much You Can Get | Paid Into | Who It’s For |
|---|---|---|---|
| Earn and Save Bonus (ESB) | S$400 – S$1,000 per year | CPF | Working seniors earning up to S$6,000/month |
| Retirement Savings Bonus (RSB) | S$1,000 – S$1,500 (one-off) | CPF Retirement Account | Those below Basic Retirement Sum |
| MediSave Bonus | S$500 – S$1,500 (one-off) | MediSave | Seniors born in 1973 or earlier |
Who Is Eligible for Majulah Package?
This is not limited to the Pioneer Generation.
You qualify if you fall under any of these groups:
- Young Seniors: Born 1973 or earlier
- Merdeka Generation
- Pioneer Generation
In short — if you’re 50+, chances are high you’re included.
No application needed. Eligibility is assessed automatically.
Earn and Save Bonus (ESB): Extra CPF Just for Working
Still working? This is where things get interesting.
The Earn and Save Bonus rewards seniors who stay employed.
How much is it?
- S$400 to S$1,000 every year
- Credited directly into your CPF account
Who qualifies?
- You must be working (full-time or part-time)
- Monthly income up to S$6,000
- CPF contributions must be made
Lower and middle-income earners get higher payouts.
Why this matters
Honestly speaking, this changes the retirement equation.
Instead of fully retiring early, even part-time or contract work keeps money flowing into CPF — plus this extra government top-up.
No paperwork. No claiming.
Just stay economically active.
Retirement Savings Bonus (RSB): Help If Your CPF Is Low
Not everyone had a smooth career path.
Some took time off to raise kids.
Some cared for elderly parents.
CPF balances may not have kept up.
That’s where the Retirement Savings Bonus comes in.
What you get
- One-time CPF top-up of S$1,000 to S$1,500
Who gets it?
- Singaporeans whose CPF savings are below the Basic Retirement Sum
- Assessed at a specific cut-off date
This is a safety net — not a handout — for those who genuinely need help closing the gap.
MediSave Bonus: Preparing for Medical Costs
Healthcare worries don’t disappear after retirement.
The Majulah Package includes a one-off MediSave Bonus to cushion future expenses.
How much?
- Between S$500 and S$1,500
What it’s for
- Outpatient medical bills
- MediShield Life premiums
- CareShield Life premiums
Who qualifies?
- All seniors born in 1973 or earlier
- Amount depends on age and home Annual Value
No need to apply. It goes straight into MediSave.
Why Focus on “Young Seniors”?
This group sits in a tricky middle.
You benefited from CPF improvements —
but also faced higher housing costs, longer life expectancy, and rising healthcare bills.
The aim here is simple:
stay active, stay employed, and retire with less stress.
The government is nudging, not forcing.
And honestly, it makes sense.
What You Should Do Now
No need to overthink. Just cover these basics:
- Check your birth year — 1973 or earlier means you’re in
- Log into CPF and review your balances
- Consider re-employment or part-time work instead of stopping completely
- Update your Singpass contact details to receive notifications
Small actions now can mean thousands more later.
Frequently Asked Questions
1. Do I need to apply for the Majulah Package benefits?
No. All bonuses are automatically assessed and credited if you meet the criteria.
2. Can self-employed seniors receive the Earn and Save Bonus?
Yes. As long as you make voluntary CPF contributions and meet income limits.
3. When will the bonuses be paid out?
Credits will be rolled out progressively, with major components continuing into 2026.
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