Notice:
The Government announced on 30 June 2010 that they will continue to support self-funded retirees by extending the drawdown relief currently provided for account-based superannuation pensions to the 2010/11 financial year. As in the past two years, the drawdown relief will be in the form of a 50% reduction in the minimum payment amounts for account-based, allocated and market linked pensions. The Government has advised that it will make the necessary adjustments to the related Legislation in the new Financial Year.
Please see Pension MemberOnline if you would like information on how to change your pension payment amount. If you have any questions regarding this matter please contact our CareSuper PensionLine on 1300 664 781 or email pension@caresuper.com.au.
Key benefits:
- Tax-free income – If you are 60 years of age or more your pension payments will not need to be included in your income tax return.
- Regular income - You nominate the frequency and amount of payments you want to receive, which gives you access to a regular income.
- Supplement your income – Use your CareSuper Transition to Retirement Pension to provide you with an income while you are still working.
- Tax benefits - Transferring your CareSuper benefit to a CareSuper Pension is tax free. No tax is payable on investment returns and part of your pension may be tax free.
- Investment choice - Continue to receive investment market returns by selecting one or a mix of our 12 investment options.
- Flexibility - You can change the amount and frequency of your pension payments and make lump sum withdrawals when you need to.
Is a CareSuper Pension right for me?
For more information, download and read the CareSuper Pension Product Disclosure Statement under related downloads to the right.
