CPFB | Difference between matching grant for retirement savings and medisave

GROWING YOUR SAVINGS

Different ways to double top-ups to retirement and MediSave savings with matching grants

Find out about the different benefits and features between the Matched Retirement Savings Scheme and the Matched MediSave Scheme.

Overview

2 ways to boost your CPF savings with matching grants

Take advantage of CPF’s stable interest rates by topping up to your CPF in cash. Double your cash top-ups to Special, Retirement and MediSave Account through dollar-for-dollar matching grants by the government.

	Matching grant for retirement savings	Matching grant for MediSave (from 1 Jan 2026)
What are the top-ups and matching grant used for?	Boost monthly payouts in retirement	Payment of approved healthcare insurance premiums (e.g. MediShield Life and CareShield Life) and approved medical treatments
Grant goes to	Retirement/Special Account (RA/SA)	MediSave Account (MA)
How much grant can I receive?	Up to $2,000 per year, with a lifetime limit of $20,000	Up to $1,000 per year
How can eligible members receive the matching grant?	Make cash top-up to RA/SA	Make cash top-up to MA
Where to check eligibility	Go to Retirement dashboard	Go to Healthcare dashboard
How to top up	Make a retirement savings top-up	Make a MediSave top-up
Where to find out more	Matched Retirement Savings Scheme	Matched MediSave Scheme

Eligibility

How to check eligibility?

CPF Board will notify you at the beginning of each year if you qualify for any of these schemes.

You can also check your eligibility anytime through the following ways:

Matched Retirement Savings Scheme

Check if you are eligible for the Matched Retirement Savings Scheme

Go to Retirement Dashboard

Matched MediSave Scheme

Check if you are eligible for the Matched MediSave Scheme

Go to Healthcare Dashboard

More resources

What is the difference between MRSS and MMSS?

Difference in benefits and features between the MRSS and MMSS

FAQs

Common questions

I am eligible for both the Matched Retirement Savings Scheme and Matched MediSave Scheme. Can I participate in both schemes to receive the maximum Government grants?

I am eligible for both the Matched Retirement Savings Scheme and Matched MediSave Scheme but I have limited funds. Should I top up the Retirement / Special Account or MediSave Account?

Can I transfer my cash top-up to MediSave Account for Matched MediSave Scheme to be used for Matched Retirement Savings Scheme instead?

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