Will the other eligibility criteria for the Matched Retirement Savings Scheme be changed from 2025?
No, there are no changes to the other eligibility criteria.
You will be eligible for the Matched Retirement Savings Scheme (MRSS) in 2025 if you are a Singapore Citizen and meet the following criteria.
Age
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55 or above as of 31st December 2025.
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Retirement Account (RA) Savings*
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Less than $106,500^.
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Average Monthly Income
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Not more than $4,000.
This covers a majority of senior workers.
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Annual Value of Residence
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Not more than $21,000.
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Property Ownership
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Own not more than one property.
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* RA savings refer to the cash set aside in the RA (excluding amounts such as interest earned, any government grants received), plus retirement withdrawals. If you are turning 55 in the assessment year and your RA has not been created at the time we assess your eligibility, your total Special Account and Ordinary Account savings will be assessed instead.
^ Basic Retirement Sum for 2025.
Find out how you can check your eligibility for the MRSS.
