Who the package supports
The package supports citizens born in 1973 or earlier. Every citizen in this group receives at least one of its bonuses; MOM estimates about 1.6 million beneficiaries. The October 2024 enhancement raised MediSave bonuses by S$500 to S$1,250 or S$2,000, replacing the earlier S$750/S$1,500 amounts.
| Bonus | Frequency and amount | Basis |
|---|---|---|
| Earn and Save | Annual CPF top-up S$400–S$1,000 | Eligible working seniors; lower incomes receive more |
| Retirement Savings | One-off CPF top-up up to S$1,500 | Savings below the 2023 Basic Retirement Sum of S$99,400; amount depends on savings |
| MediSave | One-off top-up up to S$2,000 | Age, residence annual value and property ownership |
Check individual eligibility
Use govbenefits.gov.sg or the Majulah hotline 1800 2222 888 for detailed eligibility and payments. The reference to the 2023 Basic Retirement Sum is a scheme criterion, not the current cohort’s retirement sum.
Official documents and references
- govbenefits.gov.sg ↗ Government source