Profile of Projected Number of Singaporeans Eligible for Retirement Savings Bonus

Mr Chua Kheng Wee Louis asked the Minister for Manpower what is the projected number of Singaporeans who are eligible to receive the Retirement Savings Bonus as broken down by (i) age bands of five years and (ii) males versus females.

Dr Tan See Leng: The Ministry of Manpower and the Ministry of Finance are finalising the details on the Majulah Package, including the eligibility criteria for Earn and Save Bonus and the Retirement Savings Bonus. More information will be announced in Budget 2024.