Singapore continues its commitment to fostering an inclusive society by introducing the $1500 Majulah Package Retirement Bonus—a targeted financial support initiative aimed at helping seniors manage rising living costs.
This substantial retirement bonus is part of the latest government measures announced for 2025, designed to provide direct cash relief for lower- and middle-income Singaporeans.
With inflationary pressures affecting daily expenses, this $1500 Majulah Package is not just a timely intervention—it is a step towards securing greater financial stability for seniors in need.
In this comprehensive guide, we explain who qualifies, how and when the bonus will be paid, and what action seniors should take to benefit from this scheme.
What Is the $1500 Singapore Majulah Package?
The Majulah Package Retirement Bonus is a one-off $1500 cash payout targeting Singaporean seniors. It forms part of the government’s broader Majulah Package 2025, which includes several financial initiatives to support Singapore’s aging population.
The bonus is meant to help retirees manage daily expenses, medical costs, and other essential needs amid increasing cost-of-living challenges.
The initiative reflects the government’s recognition of seniors’ contributions to society and aims to bolster their financial well-being.
Key Highlights
- $1500 cash payout for eligible Singaporeans aged 65 and above.
- No application needed; eligible seniors will be notified automatically.
- Part of the wider Majulah Package 2025 focused on retirement adequacy.
- Payments are scheduled to begin in July 2025.
Who Qualifies for the $1500 Majulah Package Retirement Bonus?
Not every senior is eligible. The Majulah Package Retirement Bonus is carefully targeted at those who are most in need of support.
Here are the official eligibility criteria:
Eligibility Requirements
| Criteria | Details |
|---|---|
| Age | Must be 65 years old or older as of 31 December 2025 |
| Citizenship | Must be a Singapore Citizen living in Singapore |
| Income | Annual income must not exceed $34,000 |
| Property Ownership | Must not own more than one property |
| CPF Contributions | Must have made at least some CPF contributions previously |
| Residency | Must reside in Singapore during the payout period |
Additional Considerations
- Seniors already receiving Silver Support Scheme benefits or Workfare payouts will still be eligible for this $1500 bonus.
- Seniors not meeting income thresholds or property criteria will not receive this bonus.
Payment Schedule: When Will the $1500 Be Paid?
The government has already confirmed that the $1500 Majulah Package Retirement Bonus will start being disbursed in the second half of 2025, beginning from July 2025.
Here’s a detailed payment schedule:
| Month | Payment Activity |
|---|---|
| June 2025 | Official notification letters sent to eligible seniors |
| July 2025 | First round of payments begins via PayNow or bank crediting |
| August 2025 | Second batch of payments for late verification cases |
| September 2025 | Final catch-up payments for seniors who update eligibility details late |
How Will You Be Paid?
- Primary method: PayNow (linked to NRIC)
- Secondary method: Direct bank credit to registered bank account
- Seniors without bank accounts will be advised to register or collect the payout through government counters.
How to Claim the $1500 Majulah Package?
Good news—no application is required to claim the $1500 Majulah Package Retirement Bonus.
Here’s how the process works
- Automatic eligibility check by government agencies using existing data (CPF, HDB, IRAS, ICA).
- If you qualify, you will receive an official notification letter or SMS by June 2025.
- Ensure your bank details are updated in the government system (via Singpass).
- If no bank details are on file, seniors will be provided with instructions for alternative payout options.
Important Action Points
- Update your PayNow NRIC linkage with your bank.
- Keep your Singpass account active to receive notifications.
- Verify your income and property status with relevant agencies if there are changes.
Why Is the Majulah Package Important?
The $1500 Majulah Package Retirement Bonus complements other social security schemes aimed at ensuring retirement adequacy for Singaporeans.
Here’s how it fits within the broader support landscape:
| Scheme | Benefit Type | Who It Helps |
|---|---|---|
| Majulah Package | One-off $1500 cash payout | Lower- and middle-income seniors |
| Silver Support Scheme | Quarterly cash supplements | Low-income seniors with little CPF savings |
| Workfare Income Supplement | Annual cash and CPF top-ups | Lower-wage older workers |
| GST Vouchers | Annual cash, MediSave, and U-Save payouts | Lower- and middle-income households |
Broader Goals of the Package
- Provide immediate financial relief.
- Help offset inflationary pressures on daily living costs.
- Support retirement adequacy for vulnerable seniors.
- Complement CPF LIFE and Silver Support benefits.
How to Chec If You Qualify
You can verify your eligibility for the $1500 Majulah Package Retirement Bonus through these channels:
- Gov.sg notifications via SMS, email, and post in June 2025.
- Singpass portal—use your login to check under “Government Benefits” section.
- CPF online services—upcoming announcements will provide eligibility checks.
If your personal details (such as income or property ownership) have changed recently, update them through the relevant channels (IRAS, HDB, CPF Board) to avoid any payment delays.
The $1500 Majulah Package Retirement Bonus is a welcome boost for Singapore’s seniors, offering timely financial relief as living costs continue to rise.
If you or a loved one meet the eligibility criteria, make sure your bank and Singpass details are up to date to ensure smooth payout processing. Stay informed and take action to benefit from this important initiative.
FAQs
Do I need to apply for the $1500 Majulah Package Retirement Bonus?
No. Eligible seniors will be automatically identified and notified. You do not need to submit an application, but you should ensure your bank details and Singpass account are updated.
When will I receive the $1500 payment?
Payments will begin in July 2025. Most eligible seniors will receive their bonus via PayNow or direct bank credit in July or August 2025.
What should I do if I don’t receive the notification by July 2025?
If you meet the eligibility criteria but do not receive a notification, you can:
- Check your Singpass portal.
- Contact CPF Board or Gov.sg helpdesk.
- Ensure your income and property data are up to date with the authorities.