Pension account

Our Pension account gives you tax effective income when you retire, and you still maintain control over how your money is invested. 

This account is great if you want:

• a regular income in retirement
• to choose the amount of your pension you receive each year
• flexibility to choose how often you receive your pension payments
• to make lump sum withdrawals at any time
• to choose from a wide range of investment options
• competitive fees
• to nominate you spouse as a reversionary beneficiary or make a binding beneficiary nomination
• a fund where profits are returned to members.

Pay less tax

If you are 60 years or older, then your pension account payments are tax free.

Keep investing

Keep growing your money by investing your super funds and enjoy Catholic Super’s proven history of investment returns.

Control payment options

You can also choose the amount and frequency of your income payments throughout the year (as long as you meet the government’s minimum limits). There is no maximum income limit.

We work hard to make sure your super works for you today, tomorrow and in retirement. Enjoy a regular tax effective income in retirement, which includes these key features:

• Tax free investment earnings
• No entry, contribution, withdrawal or switching fees
• A competitive ongoing management fee
• A selection of investment options
• Pension payments are tax free once you turn 60
• Flexible pension payments
• Access to your account balance at any time through MyLife Online.

Access to super benefits is generally restricted to members who have reached preservation age.

Your preservation age ranges depending on your date of birth.