Merdeka Generations News Today

Taking a longer view, economic growth in Singapore "has consistently delivered better jobs and higher wages for Singaporeans", despite worries about inflation and rising cost of living, and the occasional setback, the Prime Minister noted.

"The BRS (Basic Retirement Sum) does not prevent members from setting aside more savings in CPF in order to receive a higher retirement payout," Minister Tan clarified.

Among highlights was the new Majulah Package, which comprises an "earn and save" bonus for those in their 50s and early 60s to build up their CPF savings while working.

The Majulah Package looks to be designed to take into account specific retirement adequacy needs of Singaporeans in this cohort born between 1960 and 1973, says the Institute of Policy Studies’ Christopher Gee.

A Majulah Package to help those aged 50 and above prepare for retirement was announced by Prime Minister Lee Hsien Loong at his 2023 National Day Rally. The three components of the package include an Earn and Save Bonus, he said at the Institute of Technical Education Headquarters today (Aug 20). Eligible Singaporeans will receive up to $1,000 credited to...

Prime Minister Lee Hsien Loong announced the Majulah Package, an initiative aimed at supporting "young seniors", during his National Day Rally speech.

Singapore News - Lower and middle income Singaporeans aged 50 and above this year will get more help to boost their retirement savings under a new package announced on Sunday. They will receive a yearly CPF bonus of up to $1,000 as long as they continue working. Those who have not met the... Read more at www.tnp.sg

During the National Day Rally, PM Lee revealed plans to assist the Majulah Generation, citizens 50 and above, with the new Majulah Package.

To make Singaporean youth really care, they should be able to vote. How can we expect political maturity when they're not given the chance to?

NTUC FairPrice extends Pioneer and Merdeka Generation discount schemes until end-2021 Toggle share menu Advertisement File photo of an NTUC FairPrice outlet. (Photo: FairPrice) 28 Dec 2020 12:45PM (Updated: 28 Dec 2020 12:50PM) Share this content Bookmark SINGAPORE: NTUC FairPrice is extending its Pioneer Generation and Merdeka Generation discount schemes at all FairPrice supermarkets and hypermarkets for another year, at an estimated cost of more than S$10...