A pension is a regular periodic payment, made either by the Government or via a superannuation fund. The types of pensions paid by superannuation funds like AustralianSuper are formally referred to as account-based pensions.

AustralianSuper can help you enjoy your retirement by looking after your hard-earned retirement savings and ensuring you get the most out of it.

Most of us are used to getting regular income during our working lives, usually as a wage or salary. An account-based pension (such as the AustralianSuper Pension) gives you access to your super as a flexible and regular income during, or leading up to, retirement – called Transition to Retirement.

AustralianSuper Pension

You can find information and resources to assist you in preparing for your retirement on our dedicated pension website, including:

• Pension calculators and online retirement tools to help you plan for your retirement
• Detailed information explaining how account-based and Transition to Retirement pensions work
• Details on how to join AustralianSuper Pension
• Secure online access to your Pension account

Transition to Retirement pension option

A feature of the AustralianSuper Pension is the Transition to Retirement option which may help you move gradually into retirement.

The Transition to Retirement option may help to:

• Supplement your income if you cut down your working hours
• Start receiving an income if you’re not working at all
• Reduce the amount of tax you pay
• Potentially increase your retirement savings.

Learn more about the Transition to Retirement option.