KEY HIGHLIGHTS
- Eligible seniors will receive a one-time CPF top-up of up to S$1,500 under the Majulah package
- No work required — designed for those with lower CPF balances, including homemakers
- Money goes straight into CPF in March 2025, with higher payouts later on
That’s exactly where the Majulah Retirement Savings Bonus (RSB) comes in — a one-time CPF top-up meant to help seniors who may be behind on savings, through no fault of their own.
Think stay-at-home parents, caregivers, or those who spent years in lower-wage jobs.
This is the Government’s way of closing the gap — quietly, but meaningfully.
What Exactly Is the Retirement Savings Bonus?
The RSB is a one-off cash top-up into your CPF, not cash in hand.
Its purpose is simple:
to help seniors who have not yet reached the Basic Retirement Sum (BRS) build a stronger base for CPF LIFE payouts later.
By topping up your CPF earlier, you earn more interest — which means higher monthly income after age 65.
No forms. No application. No stress.
Quick Overview of the Majulah Retirement Savings Bonus 2026
| Item | Details |
|---|---|
| Bonus Amount | S$1,000 or S$1,500 (one-time) |
| Who It’s For | Seniors with CPF below the BRS |
| CPF Benchmark | S$102,900 (2024 Basic Retirement Sum) |
| Payout Date | March 2026 (most seniors) |
| Application Needed | No — fully automatic |
Who Is Eligible?
Eligibility is based on age, CPF savings, and housing wealth — not employment.
You qualify if all these apply:
- Singapore Citizen
- Born on or before 31 December 1973
(51 years old and above in 2024) - Total CPF retirement savings below S$102,900
(Special Account + Retirement Account) - Live in a home with Annual Value (AV) of S$25,000 or less
- Own no more than one property
For most HDB households, the AV condition is usually not an issue.
How Much Will You Get?
The bonus comes in two tiers, depending on your CPF balance.
| CPF Retirement Savings (SA + RA) | One-Time Bonus |
|---|---|
| Below S$60,000 | S$1,500 |
| S$60,000 to S$102,900 | S$1,000 |
Once you hit the BRS, the bonus stops — it’s meant strictly as a catch-up.
When Will the Money Be Paid?
Most eligible seniors will see the top-up around March 2025.
Where the money goes depends on your age:
- Age 55 and above → Retirement Account (RA)
- Age 51 to 54 → Special Account (SA)
Everything is handled automatically by CPF Board.
No application needed. No follow-up required.
Why This Bonus Is Actually Quite Powerful
S$1,500 may not sound like much at first glance.
But inside CPF, it works very differently.
- High interest: Your RA and SA earn 4% to 6% risk-free
- Compounding effect: The earlier it goes in, the more it grows
- Lifetime impact: Every extra dollar in RA raises your CPF LIFE payout
- Zero risk: Not exposed to market ups and downs
For seniors with lower balances, this top-up can quietly make a real difference over time.
What You Should Do Now
Honestly speaking, not much.
- Log in to CPF using Singpass to check your balances
- If you live in private housing, confirm your property AV on IRAS
- Watch out for an SMS from gov.sg or a LifeSG notification in early 2025
Then just wait.
Frequently Asked Questions
1. I’m a homemaker and never worked. Can I still get this?
Yes.
The RSB does not require employment. As long as you meet the age, CPF, and property criteria, you’re eligible.
2. Can I withdraw the S$1,500 in cash?
No.
This bonus is strictly for retirement. It stays in CPF and contributes to your payouts after age 65.
3. My CPF is already above S$102,900. Do I get anything?
Unfortunately, no for the RSB.
But you may still qualify for Majulah MediSave Bonus or the Earn & Save Bonus if you’re working.
Final Take
For seniors who’ve been worried about having “not enough” in CPF, this bonus is a quiet reassurance.
No fanfare. No application. Just a S$1,000 to S$1,500 boost that keeps working for you, year after year.
For most Singaporeans in this group, it’s definitely worth paying attention to.
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