Club Super - right beside you

The Pre-Retirement Account Based Pension is a transition to your retirement measure.  It is designed to allow you to lessen your full-time workload. 

If you decide to work, say, 3 days per week, your reduced salary can be supplemented by means of a Pre-Retirement Account Based Pension.  You may use some or all of the balance in your superannuation account to fund the Pre-Retirement Account Based Pension.

However, in taking up the Pre-Retirement option you cannot withdraw (or commute) any benefits as a lump sum unless you satisfy a Condition of Release.  eg. Permanently retire, become Totally and Permanently Disabled or die.

To be eligible to commence a Club Super Pension in Pre-Retirement you must:

• Be aged between 55 and 65
• Have a minimum Account Balance of $10,000.

 Download the Club Super Account Based Pension Handbook for further information