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Will I be eligible for Matched Retirement Savings Scheme if I am turning 55 later this year?
Yes, you will be eligible for the Matched Retirement Savings Scheme as long as you are 55 years old in the assessment year and meet the eligibility criteria.
If you are turning 55 this year and your Retirement Account has not been created at the time we assess your eligibility, your total Special Account and Ordinary Account savings will be used for the eligibility assessment instead.
You can check your eligibility for the Matched Retirement Savings Scheme (MRSS) via the Retirement Dashboard.
This information is sourced from CPF.
Related questions
When will my eligibility for the Matched Retirement Savings Scheme be assessed and do I need to apply?
Who is eligible for the Matched Retirement Savings Scheme?
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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?
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Why am I not eligible for the Matched Retirement Savings Scheme if I am below 55 years old?
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