Singapore matched retirement savings eligibility
The Matched Retirement Savings Scheme links cash top-ups to government matching, subject to annual eligibility and lifetime limits.
- Dollar-for-dollar matching
- Up to S$2,000 annually; S$20,000 lifetimeCPF Board, Matched Retirement Savings Scheme
- 2026 savings threshold
- Below S$110,200CPF Board, Matched Retirement Savings Scheme
Annual eligibility
Eligibility uses previous-year data. Recipients must hold only Singapore citizenship and reside in Singapore, aged 55 or above at 31 December, or younger with an MSF-verified disability. Average monthly income must not exceed S$4,000, residence annual value S$21,000, and ownership one property. CPF Board, Matched Retirement Savings Scheme (opens in a new tab).
Savings assessment
Assessed retirement savings must be below the 2026 Basic Retirement Sum of S$110,200. Retirement Account assessment excludes interest but includes retirement withdrawals and deducted CPF LIFE premiums. For younger recipients without a Retirement Account, Ordinary and Special Account savings are assessed. CPF Board, Matched Retirement Savings Scheme (opens in a new tab).
Matching and tax treatment
Anyone can make eligible cash top-ups to the recipient's Retirement or Special Account. Government matching is dollar-for-dollar up to S$2,000 annually and S$20,000 over a lifetime, generally credited by end-February of the following year. Matched top-ups do not qualify for tax relief. CPF Board, Matched Retirement Savings Scheme (opens in a new tab).
Scope
This is general information, with no eligibility decision or grant calculation. It does not recommend a top-up.