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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...
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.
Here are 5 ways the announcements from PM Lee’s National Day Rally will impact you financially.