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PostedAug 2108/21/2023, 10:00 AM
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At this year’s National Day Rally, Prime Minister Lee Hsien Loong announced the Majulah Package, which will support the retirement needs of 1.4 million older Singaporeans born in 1973 or earlier. The Majulah Package includes: 1. Earn and Save Bonus of up to $1,000 in CPF savings per year for lower- to middle-income workers 2. One-time Retirement Savings Bonus of up to $1,500 for those who have yet to save up to the Basic Retirement Sum 3. One-time MediSave Bonus of up to $1,000 for eligible Singapore citizens Find out more here 👉cpf.gov.sg/NDR2023TG