Matched Retirement Savings Scheme CPF Grant 2026: Get S$600 Free, Check Eligibility Matched Retirement Savings Scheme (CPF) 2026: How to Get S$600 for Free.
Singapore’s Matched Retirement Savings Scheme (MRSS) is a pension-boosting initiative that helps eligible members grow their retirement savings through a dollar-for-dollar matching grant. When you top up your CPF (Central Provident Fund) Retirement Account (RA) or Special Account (SA), the government matches your contribution—effectively doubling it.
Matched Retirement Savings Scheme CPF Grant 2026 How the Grant Works
If you (or a family member/friend) top up S$600 into your RA or SA within a year, the government adds a free S$600 matching grant. That brings your total to S$1,200.
The matching rate is 1:1. While the annual matching cap has been increased to S$2,000 from 2025, you’ll still receive the full S$600 match if you contribute S$600.
Matched Retirement Savings Scheme CPF Grant 2026 Eligibility
You are automatically assessed each year—no application is required. Key eligibility criteria include:
Singapore citizen residing in Singapore
RA/OSA (Ordinary & Special Account) balances below the minimum threshold (around the Basic Retirement Sum; approximately S$110,200 for 2026)
Average monthly income of S$4,000 or less
Annual Value (AV) of residence of S$21,000 or less
No ownership of more than one property
Age: Generally 55 and above; however, members with verified disabilities may qualify at any age
Matched Retirement Savings Scheme CPF Grant 2026 When Is the Grant Credited?
All eligible cash top-ups made by December 31 are matched and credited automatically to your CPF account early the following year.
Matched Retirement Savings Scheme CPF Grant 2026 How to Receive the S$600
Lump-sum top-up: Contribute S$600 at any time during the year
Monthly contributions: Contribute about S$50 per month to reach S$600 annually and receive the matching grant
Matched Retirement Savings Scheme CPF Grant 2026 Important Notes
The matching grant is not eligible for tax relief
This government-run scheme is designed to help members with lower savings build a stronger retirement fund
Matched Retirement Savings Scheme CPF Grant 2026 Conclusion –
In 2026, if you or a family member make up to S$600 in CPF top-ups and meet the eligibility criteria, the government will add an extra S$600 at no additional cost. It’s a simple and effective way to double your retirement savings with modest contributions.