To receive and retain the matching grant, you must:

1. be eligible for the Matched Retirement Savings Scheme for the year;
2. have received cash top-ups during the year; and
3. still be a Singapore Citizen only when the matching grant is credited to your Retirement Account or Special Account at the beginning of the following year.

Do note that cash top-ups are irreversible. Read more about the irreversibility condition.

 

In an unlikely event where the cash top-up is reversed and you had already received the matching grant, the grant and any interest earned on it will be recovered from your CPF account.