Majulah Package 2026 is a government special initiative continuing to provide meaningful financial and retirement aid to Singapore citizens born in 1973 or earlier. The targeted support package includes CPF top-ups, cash bonuses, and MediSave credits, thereby helping older workers and near-retirees achieve stronger financial security. The initiative remains a part of Singapore’s enthusiasm to reward working efforts and promote active ageing.
Why the Majulah Package Was Created
Okay, many Singaporeans in their 50s, 60s, and even above had low pay in their earning years. Thus, the Majulah Package gives them supplementary CPF savings and pocket-supporting income to reassure them in their retirement. The focus is on Young Seniors and higher-aged groups to ensure that fabulous birth days are upon them more generously.
Main Components of the Package
The package has three core benefits, with amounts varying based on income, work status, and CPF balances.
| Component | Amount Range (S$) | Type | Main Purpose |
|---|---|---|---|
| Earn and Save Bonus | $400 – $1,000 per year | CPF top-up | Rewards seniors who keep working |
| Retirement Savings Bonus | $1,000 – $1,500 one-time | CPF top-up | Boosts retirement account for lower balances |
| MediSave Bonus | Up to enhanced levels | MediSave top-up | Increases healthcare savings |
These credits earn good interest in the CPF account and grow over time.
Earn and Save Bonus Explained
If you are above 55 and earn from $500 to $6,000 a month, you are qualified for this annual CPF credit. A larger contribution is paid to lower wage earners. This credit is payable straight to your CPF Retirement Account or Special Account, in support of your future payouts.
Retirement & MediSave Support
The one-off Retirement Savings Bonanza is intended for people who have less money in their CPF fund upon reaching the age of 55. Top-up strategy: depending upon who needs them the most, the MediSave Relief sum is designed to assist with health-care costs. Such sums are automatically reimbursed, with no applications in place.
Check Your Benefits
Every eligible citizen has the chance to obtain notification in due course. They can also have their personal entitlements and disbursement dates viewed online by logging into the CPF portal or govbenefits.gov.sg with Singpass.
One of Majulah Package 2026’s aims is to keep older people in Singapore engaged, making them save more and plan for retirement ahead. It all serves as part of government emphasis on long-term financial health, security and active aging. Make sure to check the latest sources of information on the official website of CPF Board or any government source.
Also read: $900 Senior Cash Payout 2026: Extra Financial Support for Singapore Seniors