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  1. The Majulah Package, which is meant to boost seniors’ retirement and healthcare adequacy, will be extended to Singapore citizens who were born on 31 December 1973 or earlier.

  2. The Majulah Package comprises the one-time Retirement Savings onus (RS) paid to the PF Retirement Account (RA)* and MediSave onus (MS) paid to the PF MediSave Account, as well as the annual Earn and Save onus (ES) paid to the PF RA*.

  3. Majulah Package – Earn and Save Bonus. Supplements eligible working seniors' retirement savings through an annual CPF bonus. SCHEME HIGHLIGHTS. Eligible working seniors can receive an annual CPF bonus of up to $1,000. No application needed.

  4. Aug 21, 2023 · The Majulah Package is a new support package aimed at helping boost the retirement adequacy of lower and middle-income Singaporeans aged 50 and above this year. It will cover “young seniors” in...

  5. Feb 21, 2024 · Majulah Package: Retirement Savings Bonus. A one-time bonus in retirement savings will be given to those who have yet to save up to the Basic Retirement Sum (BRS) of $99,400 as at 31 December 2022, including those who are unable to work.

  6. The Majulah Package comprises the following: (A) Annual Earn and Save Bonus; (B) One-time Retirement Savings Bonus; and (C) One-time MediSave Bonus. Every Singaporean born in 1973 or earlier will receive at least one component of the Majulah Package.

  7. Aug 20, 2023 · Updated. Aug 20, 2023, 11:24 PM. SINGAPORE – Lower and middle income Singaporeans aged 50 and above this year will get more help to boost their retirement savings under a new package announced on...

  8. Feb 16, 2024 · The Majulah Package will be introduced to strengthen support for retirement adequacy for “Young Seniors”, or Singapore Citizens in their 50s and early 60s. The Package will also be extended to Pioneer and Merdeka Generation seniors.

  9. Aug 21, 2023 · SINGAPORE - The Majulah Package is a new support package aimed at boosting the retirement adequacy of lower and middle-income Singaporeans aged 50 and above this year. It will cover “young...

  10. Aug 20, 2023 · The Majulah Package will benefit around 1.4 million older Singaporeans aged 50 and above in 2023.