Why am I not eligible for the Matched Retirement Savings Scheme if my monthly income is above $4,000?
The Matched Retirement Savings Scheme is designed to help senior Singapore Citizens with lower retirement savings save more and boost their retirement payouts. The average monthly income of $4,000 will cover most senior workers. If your average monthly income is above $4,000, you will not be eligible for the scheme as it is intended to provide additional support to those who need it the most.

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