Sunsuper Pension Options
Sunsuper's pensions are designed to provide a regular income stream for your retirement. You can only start a Sunsuper superannuation pension with money coming from a superannuation fund.*
Depending on your circumstances, superannuation pensions can be an ideal investment because:
- they provide regular income paid directly to your bank, building society or credit union account,
- you can nominate how much and to whom benefits are paid if you die,
- you can choose from a range of investment options which you can vary with your changing needs,
- you could benefit from favourable tax treatment,
- you could benefit from favourable treatment for social security and Department of Veteran's Affairs (DVA) payments, and
- you can access your money if you need to (restrictions for the workforce pension apply if you are under 65 years of age and have not permanently retired from the workforce).
Sunsuper's flexible pension structure
Whether you are still working and want access to your superannuation benefits to supplement your income, or you have fully retired and want an income during retirement, Sunsuper has pension options to suit you.
The two pension types allow you to manage your superannuation money effectively in retirement:
- the Sunsuper Retirement Pension provides you with a regular income stream and gives you flexibility and access to your account balance,
- the Sunsuper Workforce Pension provides you with a regular income stream but gives you less income flexibility and generally no access to your account balance.
Getting started
Call 13 11 84 to arrange an appointment to see a Sunsuper Financial Services financial planner who can help you understand which Sunsuper Pension would suit you best.
Download the Product Disclosure Statements
From time to time there may be changes to the information contained in Product Disclosure Statements which are not sufficiently material or significant to require a Supplementary Product Disclosure Statement. To view recent changes which are not material or significant, please click here.
| For Members | Download PDF |
|---|---|
| The following documents must be read in conjunction with each other: | |
| 1. Sunsuper Pension Options Member guide (plus application form) |  1 July 2007 |
| 2. Sunsuper Pension Options Investment guide | 1 July 2008 |
* Under transitional arrangements you can also start a pension with a 'directed termination payment.'
