Written Answer to PQ on Majulah Package

NOTICE PAPER NO. 2190 FOR THE SITTING ON OR AFTER 19 SEPTEMBER
QUESTION NO. 4982 FOR WRITTEN ANSWER

MP: Mr Chua Kheng Wee Louis

To ask 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.

Answer:

1. The Ministry of Manpower and 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.