Majulah Package Unveiled: How Singapore Plans to Support Its Most Vulnerable Seniors in 2025
Majulah Package Unveiled: Singapore has always prided itself on forward planning—and the Majulah Package is a bold new chapter in the nation’s commitment to care for its aging population. Launched in 2024, this $9 billion initiative is set to make a significant impact in 2025 and beyond, focusing especially on seniors born in 1973 or earlier, also known as “young seniors.”
This comprehensive support package is more than just a one-time payout. It’s a structured, multi-tiered approach designed to boost retirement adequacy and healthcare preparedness for those entering their golden years. If you’re a professional managing financial planning for older clients, a policy analyst, or simply someone helping aging parents navigate these changes, this guide is for you.
Majulah Package Unveiled
| Feature | Details |
|---|---|
| Total Budget | S$9 billion |
| Target Group | Singaporeans born in 1973 or earlier |
| Main Components | Earn and Save Bonus (ESB), Retirement Savings Bonus (RSB), MediSave Bonus (MSB) |
| ESB Payouts | $400 to $1,000 annually (based on income) to over 570,000 seniors (Source) |
| RSB Distribution | One-time CPF top-up of $1,000–$1,500 to 800,000 seniors in 2024 |
| MSB Support | One-time top-up of $1,250–$2,000 in CPF MediSave accounts |
| Official Website | MOM’s Majulah Package Info |
The Majulah Package represents a bold, proactive step by the Singapore government to ensure no senior is left behind. Whether it’s boosting retirement savings, encouraging continued work, or supporting healthcare, the package provides targeted, meaningful help to over 1 million older Singaporeans. As professionals, caregivers, and individuals, understanding this package is not just beneficial—it’s essential. It reflects Singapore’s enduring promise: to honor those who built the nation by helping them age with security, dignity, and peace of mind.
What Is the Majulah Package?
At its core, the Majulah Package is about helping Singapore’s seniors age with dignity and confidence. The name “Majulah”, meaning “onward” in Malay, encapsulates the forward-looking spirit of this initiative.
By addressing both retirement income and healthcare needs, the government is ensuring that those who have built the nation aren’t left behind in their later years.
There are three key components under this package:
Earn and Save Bonus (ESB)
How It Works
Eligible seniors will receive annual top-ups directly into their CPF Retirement Account:
- $1,000: Monthly income $500–$2,500
- $700: Monthly income $2,500–$3,500
- $400: Monthly income $3,500–$6,000
Eligibility Criteria
- Singapore citizen
- Aged 52 or older in 2025 (born in or before 1973)
- Monthly income between $500 and $6,000
- Resides in a property with Annual Value (AV) not exceeding $31,000
- Owns no more than one property
First disbursement: March 2025
Reach: 570,000+ seniors
Retirement Savings Bonus (RSB)
Bonus Amounts
- $1,500: CPF savings below $60,000
- $1,000: CPF savings between $60,000–$99,400
The CPF Basic Retirement Sum (BRS) for 2023 was $99,400.
Eligibility
- Singapore citizen
- Born on or before 1973
- CPF RA balance below $99,400
- Owns no more than one property
- Lives in a property with AV below $25,000
Disbursed to: ~800,000 seniors in December 2024
MediSave Bonus (MSB)
Payout Structure
- $1,250 or $2,000 based on:
- Age
- Property AV
- Ownership status
In October 2024, the MSB was increased by $500 to give added assurance.
Bonus credited to CPF MediSave
All eligible citizens are automatically included—no application needed
What is MediSave?
Why the Majulah Package Matters
With over 1 in 4 Singaporeans expected to be aged 65 or older by 2030, ensuring financial and healthcare security is not just a personal concern—it’s a national priority. The Majulah Package:
- Encourages active aging by rewarding seniors who stay employed
- Promotes self-reliance by strengthening retirement adequacy
- Provides peace of mind through healthcare funding support
Step-by-Step Guide to Understanding Eligibility
Step 1: Check Your Birth Year
If you were born in 1973 or earlier, you’re automatically considered under the Majulah scheme.
Step 2: Assess Your CPF Balances
Log in to your CPF account and check your Retirement Account balance.
Step 3: Verify Property AV
Refer to your property tax assessment or log in to IRAS to check your home’s AV.
Step 4: Confirm Income Range
If you’re working, ensure your monthly income falls between $500 and $6,000.
Step 5: Wait for Notification
The government will inform you via SMS or letter. All disbursements are automatic.
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FAQs on Majulah Package Unveiled
Do I need to apply for the Majulah Package?
No, all payments are automatically credited to your CPF accounts. You will be informed via SMS or mail.
What if I own more than one property?
Unfortunately, multi-property owners are not eligible for the bonuses.
Will these bonuses affect other benefits like Silver Support?
No, the Majulah Package is separate and does not impact existing benefits.
Can I withdraw the bonuses in cash?
No, the bonuses are meant for retirement and medical use and are deposited into CPF accounts.
Where can I find more official information?
Visit the official Majulah Package page or govbenefits.gov.sg
