Singapore’s Majulah Package is a great deal for the elderly as it supports them with their retirement savings. The Earn and Save Bonus rewards working individuals with annual CPF top-ups up to S$1,000.
This support in 2026 is given to the people who keep on working; it also gives an additional interest on the CPF which is safe. Hence, many people will be able to get a larger amount of money every month in the future.
What Is the Earn and Save Bonus?
This feature of the Majulah Package will top up your CPF Retirement or Special Account if you are employed and you pass the qualifications.
It not only encourages the volunteers but also the inactive to get their savings increased automatically without any application – no application needed!
Who Qualifies in 2026?
You must be a Singapore citizen born in 1973 or earlier (aged 53+ in 2026), earn between certain income levels, live in a home with moderate annual value, and own no more than one property.
Eligibility will be checked yearly based on the income of the previous year.
How Much Can You Get?
The bonus is given based on the average monthly income. The lower earners receive more up to S$1,000.
Working up to the age of 65, this benefits you over the years with thousands plus interest added to your retirement fund.
When Payments Arrive
The credits are done through top-ups around March each year, and it is based on the work of the previous year.
If you worked in 2025 expect the credits early 2026.
Why It Helps Dull Retirement
Money goes into CPF, guaranteed interest is the only thing that you will receive. This will be compounded to give you a higher CPF LIFE monthly income when you retire.
Extra for Vulnerable Groups
Caregivers, persons with disabilities, or those on certain aids may get a minimum bonus even if they have low or no income.
Earn and Save Bonus Tiers
Here’s a simple table of approximate annual amounts drawn up (based on average monthly income):
| Average Monthly Income | Annual CPF Top-Up |
|---|---|
| Up to S$1,500 | S$1,000 |
| S$1,501 – S$3,000 | S$800 – S$900 |
| S$3,001 – S$6,000 | S$400 – S$700 |
| Special Cases (e.g., caregivers) | At least S$400 |
How It Fits the Full Package
The Majulah Package has also given one-time Retirement Savings and MediSave Bonuses which have already been paid for many in 2024-2025.
The Earn and Save is the recurring part for the working force.
The Majulah Earn and Save Bonus in 2026 comes with plenty of CPF yearly extra boosts which are rewards for work and add to the better retirement for the eligible seniors in Singapore.
Log on to govbenefits.gov.sg or your CPF account with Singpass today to check your eligibility and know the potential benefits. Please continue to work if you are able to – every year counts!