Individual
Super & Pension
Australian Ethical members
Former Christian Super members
Managed Funds
All managed funds (except Altius)
Altius fixed income funds
Adviser
Super & Pension (GROW)
Managed funds
Employer
Australian Ethical employers
Former Christian Super employers
News and updates
Reduced pension minimums
The Federal Government announced they will extend the temporary reduction to the minimum Pension payment requirements by 50% for another year until 30 June 2023.
This measure is designed to help retirees by reducing their need to sell investments to meet minimum drawdown requirements when the market may be under pressure.
Age | Temporary Reduced Rate | Standard Rate |
---|---|---|
Under 65 | 2% | 4% |
65 to 74 | 2.5% | 5% |
75 to 79 | 3% | 6% |
80 to 84 | 3.5% | 7% |
85 to 89 | 4.5% | 9% |
90 to 94 | 5.5% | 11% |
95 and over | 7% | 14% |