At least 62 years of age as at 1 January of the year of renewal;
Effectively retired; and
*Not gainfully employed
*"not gainfully employed" is defined as having an earned income of not more than S$36,000 per annum.
How to apply as a Member in Retirement?
With effect from 1 January 2015, the MIR age and income ceiling criteria will be raised from age 55 to 62 and S$24,000 to S$36,000 per annum respectively. Existing MIR will not be affected by the change.
To be eligible for MIR, a member must be at least 62 years old as at 1 January of the year of renewal, and not gainfully employed (an earned income* of not more than S$36,000 per annum).
*Earned income refers to:
Employment income including gross salary, bonus, allowances, commission, director’s fees or gratuity and
Net earnings from self-employment such as trade, business, profession or vocation.
Examples of Income that are not earned income: Interest, dividend, rental, royalty, charges and estate/trust income.
Please click here for the new criteria application form (62 years old).
MIR Application will only be processed if application is duly completed submitted with supporting document (i.e. CPF statement and/or income tax statement or equivalent for the past 1 year.)
Applications must be submitted on or before the subscription payment deadline on 31 January of the year of renewal. Otherwise, the application can be resubmitted at a later date and considered for next year’s renewal
For FAQs pertaining to the MIR application, please click here.