As you approach and/or enjoy retirement, you have the option of accessing your superannuation benefit either as a lump sum, a pension, or a combination of both.

Our Pension products allow you convert a lump sum superannuation amount into a regular income stream. With a Transition Pension you can draw income from your superannuation benefit while you are still employed.

A pension can take the hassle out of having to manage your own investment portfolio in retirement and can provide a tax effective way to derive regular payments from your retirement savings.

Pension accounts are able to be reverted back to a standard superannuation account at any time.


The Christian Super Pension

The Christian Super Pension gives retirees who have reached their preservation age (between 55 and 60 years depending on your date of birth) the option to convert a lump sum superannuation amount into a regular income stream. The Christian Super Pension places the money in your account into your selected investment options in order to grow over time. Earnings accrue tax-free and are added to your account, while administration fees are simply deducted. You can elect how much you wish to receive on a monthly basis as a regular pension payment (within legislated limits).

How long your pension lasts depends on:

  • the total amount in your account to start with
  • investment earnings and fees
  • the amount you withdraw each year
  • any lump sum withdrawals you make


The Christian Super Transition to Retirement Pension

Beneficial to those aged 55-64, who wish to reduce their work hours to part time, the Transition to Retirement (TTR) Pension is a government initiative which allows eligible candidates to access their superannuation as an income stream. This facilitates a full-time equivalent income whilst working fewer hours and may also allow you to reduce your taxable income. TTR Pensions automatically revert to a Christian Super Account Based Pension when you reach the age of 65. If you satisfy a conditional of release prior to 65 years of age your TTR Pension can be converted to a Christian Super Account Based Pension but we need to be notified of the change.

Important Documents

Please note that the information contained on this website is a summary and general in nature. It does not take into account any personal objectives, financial situation or specific needs of individual members. We strongly recommend that you refer to our Pension Product Disclosure Statement (PDS) for the full terms and conditions, and obtain professional financial advice to determine the appropriateness of the information, taking into account your own personal circumstances.