Singapore Seniors to Receive Up to $1500 in CPF Bonus, Here’s How the Majulah Package Works
The Singapore government has launched a new initiative—the Majulah Package—to provide direct financial support to seniors with insufficient CPF retirement savings. Aimed at individuals whose CPF savings fall below the 2024 Basic Retirement Sum of $99,400, this scheme promises a one-time bonus of $1,000 or $1,500. Set to be disbursed in December 2025, the initiative … Read more