If your routine is a set of steps towards retirement, why not give them an outfit of intellect? Majulah Earn and Save are chosen to pay good interest on all your occupations in the # 50 world. This on going scheme begins its work under the Majulah Programme where it is deemed that some will find themselves young seniors while once again maintaining a steady economic fast-track. As it displays deep-rooted struggle to possess a nesteg altogether, from the onset of 2026, it does not feel threatened; that is up to $1,000 an year would be conferred to those getting qualified and … this amount is automatically credited; people who do not apply have none. It’s a real morale booster for financial preparedness.
What Is The Earn & Save Bonus?
This annual gift is a prominent part of the $8.2 billion Majulah Package. The package targets staff members of Singapore citizenry who were born in 1973 or earlier: in other words, they are now 53 and above. It rewards lower- and middle-income workers who still partake in a conventional job-whether full-time, part-time, or gig-odd-job work.
The bonus will go straight into your CPF Retirement Account or Special Account. These amounts will earn good interest rates and will grow significantly with time to increase your retirement payouts substantially. The bonus comes as supplementary aid that goes to support you from 2026 onwards right after the first year of operation with no interruptions.
Who Will Receive In 2026?
The rules are applied straightforwardly without any means test for fairness. You must be a Singapore Citizen born in 1973 or before.
In addition, you must have been employed and contributed to CPF in the previous year. You should have property limited to one residential property, usually having an annual value not exceeding certain thresholds.
An eligibility check will be done automatically with existing records and assessments. Consequently, no application or form is required to claim the benefits. Admissible recipients will be notified through SMS or mail after their accounts are credited with bonuses.
How Much Will You Get?
Income from the prior year determines the various levels of bonus based on the average monthly salary, with higher payouts for the lowest earners.
| Average Monthly Income | Annual Bonus Amount (CPF Top-Up) |
|---|---|
| Lower income brackets (e.g., up to certain levels) | Up to $1,000 |
| Mid-range | $700–$900 |
| Higher within cap | $400–$600 |
A maximum of $1,000 one may go for the low-income people, and a sweet four bill is in even more certain demand for part-timers making $500 a month (leaving beyond the very least possible). Over 10 years, this could have a pension with $10,000 to $12,000 along with interest sitting in an employee’s CPF.
Why It Matters For Your Future
Being employed for a year is an income, increasing as well as maximizing this bonus. Similar to the effect of CPF interest (of up to 5% in Special/Retirement Accounts), there will be a major compounding effect.
In-high amounts, indeed most beneficiaries do apply it toward further monthly payouts from CPF LIFE or some form of medical need. This also re-establishes strength and assurance between them again in such an ageing society.
Latest Updates For 2026
As of 2026, the Earn & Save Bonus carries forward just as it did in all prior years, with the funds expected to be credited around April once the assessment on income is done.
The initial rounds saw over 570,000 elderly beneficiaries, and the numbers kept growing as more and more joined hands as beneficiaries. The Earn & Save Bonus is just one of the many Majulah measures, and Reasonably, one-time bonuses should be implemented, too, for greater impact!
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