Imagine waking up to an extra boost for your retirement savings for just doing something you enjoy doing—working, giving your support to the vibrant economy of Singapore.
As the year progresses, the Earn and Save Bonus is helping some 1,000,000 former older citizens to gain appreciating value in their CPF through years of diligent work.
S$2,500 Cash Payout 2026 Singapore: Here’s the AP cash payouts and eligibility
What Is The Earn And Save Bonus?
An integral element of the annual $9 billion Majulah Package, the Earn and Save Bonus was designed for older citizens in Singapore, born in 1973 or earlier, who belong to the workforce and aims to boost retirement adequacy. It is an incentive to encourage those of retirement age to maintain their continuing workforce and additionally make top-ups from their CPF Retirement or Special Accounts.
Retention of Credit Auto-convert Bonus each year with the first payment disbursed in March 2025. It corresponds to 570,000 or so legitimate beneficiaries who will receive in 2026 the credit based on the earlier years’ assessment of income.
Who All Are Eligible To Obtain The Bonuses In 2026?
- The previous year’s assessed average monthly income was between $500 and $6,000
- One stays in a house with a value of $31,000 annually or lower (as at November 30 of the preceding year)
- One has no more than one house
How Much Will You Get in 2026?
The bonus tiers favor lower earners for greater support. Here’s the breakdown:
| Average Monthly Income | Annual Earn and Save Bonus Amount |
|---|---|
| $500 to $2,500 | $1,000 |
| Above $2,500 to $3,500 | $700 |
| Above $3,500 to $6,000 | $400 |
Why The Bonus Changes Everything
These funds, on the other hand, generate CPF interest, which automatically increases payouts. They equally help in healthcare expenditure, if well-drawn.
In fact, the bonus is a motivating idea for today’s seniors, wanting seniors to carry on working and driving the lifelong industry focus; financial security would be achieved faster when older.
Latest Updates As Of 2025
The 2025 payout took effect in March, with notifications by SMS or letter in April. So, expect something similar for 2026—auto crediting around March on 2025 income.
Well, one simply will not need any kind of application. The assessments are automatically given, as the government is handling most of it.
This ongoing program demonstrates the commitment of Singapore for its Majulah Generation, ensuring stronger and more secure retirements for the future.
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