Retirement Pension

With a Retirement Pension you:

• Can adjust the income you receive, subject to a minimum amount, to suit your circumstances
• May use it to top up the Centrelink aged pension
• May receive tax benefits, and
• Can make lump sum withdrawals from time to time.
  

PLEASE REMEMBER THAT WHAT YOU DECIDE TO DO WITH YOUR RETIREMENT SAVINGS IS A VERY IMPORTANT DECISION. WE STRONGLY URGE YOU TO SEEK INDEPENDENT FINANCIAL ADVICE FROM A PROFESSIONALLY QUALIFIED FINANCIAL ADVISER BEFORE MAKING ANY DECISION ABOUT YOUR INVESTMENTS.

You can join the Retirement Pension Plan if you are:

• A member of the BUSS(Q) Superannuation Fund
• Over 55 years old and have retired from the workforce
• At least 60 years old and have ceased employment
• At least 65 years of age
• Have been assessed by the BUSS(Q) Trustee as being totally and permanently disabled or
• Rolling over money from another Retirement / Account Based Pension

The BUSS(Q) Retirement Pension is a tax-effective way to arrange a flexible, regular income during your retirement.

If you are under age 55 and wish to purchase a pension product, please contact BUSS(Q) for further information.

The minimum amount needed to commence a BUSS(Q) Retirement Pension is $10,000. If you have money in other super funds that you want to use, as well as the money you have in BUSS(Q), to start your BUSS(Q) pension, then it is important you transfer those accounts directly to BUSS(Q), before your super is transferred to the pension part of the Fund.

To invest in a BUSS(Q) Retirement Pension, simply call us on FREECALL 1800 657 216 for further information, or refer to the Product Disclosure Statement.