Article

Your pension options with REI Super

posted on 16.08.2016

When you retire and/or reach a certain age, you can access your super benefits as a lump sum or as a superannuation pension, also known as an income stream.

A super pension is different from the government Age Pension. When you reach your preservation age, an REI Super Pension account allows you to keep your super invested while drawing on a regular tax effective income.

The Age Pension however, is designed to provide a "safety net" for those who do not have enough superannuation or other financial resources to provide an adequate retirement income, and may be eligible to draw on a full or partial government Age Pension at the same time as taking an income from your super pension.

Find out more about your pension options with REI Super.

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Managing your super