Other super plans
For people self-employed as sole traders or as a partner in a partnership, or who are not currently in paid employment
From 1 July 2020:
- the age range for those who need to meet the work test or work test exemption to make after-tax contributions, has changed to 67-74 (previously 65-74), and
- for those who make spouse contributions, the spouse must be under 75 (previously 70).
Please note, these changes are not yet reflected in this publication.
Personal Plan Product Disclosure Statement
Public Sector Division
For people working for a Federal, State or Territory Government employer through a department, agency, government business enterprise or statutory authority
Public Sector Division Product Disclosure Statement
Wind down your work hours or build up your super while still taking home a regular income – start a transition to retirement strategy by opening a TTR Income account.
The Government has temporarily reduced minimum drawdown requirements for Account Based Pension products.
- This new minimum applies by default to new Choice Income/ TTR Income members from 25 March 2020.
- For current Choice Income/TTR Income members, who previously selected minimum payments, the previous default minimum amounts will be paid until the end of this financial year 30 June 2020, and the new reduced minimum amount will apply as the default minimum from 1 July 2020.
- All members can change drawdown amounts any time via your online account.
For details, visit the ATO webpage Minimum annual payments for super income streams.
TTR Income Product Disclosure Statement