By MoneyBees
Check if you qualify for the Matched Retirement Savings Scheme in 2026 and the grant on your cash top-up: up to S$2,000 a year, S$20,000 in a lifetime.
A CPF scheme where the government matches cash top-ups to a member's Retirement Account dollar for dollar, up to S$2,000 a year and S$20,000 in a lifetime. It helps seniors with lower savings.
Singapore Citizens aged 55 and above with RA savings below S$110,200, average monthly income up to S$4,000, a home with an Annual Value up to S$21,000 and at most one property. From 2026, Singaporeans with disabilities of any age also qualify.
No. The limit of 70 was removed from 2025, so members above 70 can get the grant if they meet the other conditions.
S$1 for every S$1 of cash top-up, up to S$2,000 a year. A S$600 top-up earns S$600 and a S$2,000 top-up earns S$2,000. The lifetime cap is S$20,000.
No. CPF checks eligibility every year from the previous year's data and tells eligible members by end February. Anyone can then top up the member's account.
Generally by end February of the following year, into the Retirement Account, or the Special Account for members below 55. Top up by PayNow by 31 December, or set up GIRO by 31 October.
Not on the part that attracts the grant. Top-ups above the S$2,000 matched each year may still qualify for CPF cash top-up relief of up to S$8,000.
The grant is retirement savings in the RA, so it raises the member's CPF LIFE payouts. A member whose RA savings reach S$110,200 stops qualifying in later years.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).