Back to home

How does the Matched Retirement Savings Scheme work?

Updated by CPF 5 found this helpful
Here is how the Matched Retirement Savings Scheme (MRSS) works:
 
Each year, we will automatically assess your eligibility.
 
If you are eligible, we will notify you via email or post at the beginning of the year. You can also check your eligibility via the Retirement Dashboard or on your cash top-up online application form.
 
Make your cash top-ups by 31 December of the year.
 
The matching grant (up to $2,000 per year) will be credited at the beginning of the following year. Learn more about the conditions to receive the grant.

This information is sourced from CPF.

Topics:

Growing Your SavingsMatched Retirement Savings Scheme

Related questions

When will my eligibility for the Matched Retirement Savings Scheme be assessed and do I need to apply?

cpf
4

How do I check the eligibility for the Matched Retirement Savings Scheme for myself or my loved ones?

cpf
1

I am eligible for the Matched Retirement Savings Scheme this year. Will I still be eligible if there are changes to my circumstances during the year?

cpf

Can caregivers top up to their loved ones under Matched Retirement Savings Scheme?

cpf

Need more help?

Describe your issues to us.

Contact us