Flexible benefits for members 55+


If you’re in your fifties, now’s the time to explore the benefits of easing into retirement with a VISSF pension. Even if you’re still working, transferring some of your accumulated super across to a pension account could provide several advantages.

Steve's Story

Steve transferred some of his super into an account-based pension and is receiving regular payments while he’s still working. These pension payments boost his income, allowing him to salary sacrifice more into superannuation. The diagram shows his arrangement. Even though he’s drawing on his pension account, because of the tax advantages of his salary sacrifice arrangement, Steve is accelerating his savings and is on track to end up with more in super as a result.

Sherry's Story

Sherry is enjoying the best of both worlds, thanks to her VISSF pension account. She has cut back her work hours so she can have two days off each week to pursue her own interests. Although she has reduced her salary, Sherry hasn’t had to compromise her income much, supplementing it with her super pension.

Pension Benefits

• There is no tax paid on investment earnings in a pension account
• By salary sacrificing your income, you swap your marginal tax rate for a 15% contributions tax
• Favourable in respect of Centrelink benefits, given a portion is usually excluded for income test purposes
• Flexible income with members able to choose how much they draw down, within Government limits

Don’t miss this opportunity. Find out more today by calling our Client Services Team.

For details and conditions please see the Account Based Pension Members PDS via vissf.com.au/forms-you-need page.

This article was taken from the Spring 2014 edition of VISSF Super Views:
Click here to download the full newsletter.

Image Source: J. B. Hill via Creative Commons

Chant West Super 2018 Pension 2018

My Super News

Understanding investment risk and return


If you find the world of investments a little overwhelming, here are some valuable basics. All investments are designed to generate... Read More

Super at your fingertips


Everything you need to know about your super is now easier to find, wherever you are. Whether you're using your phone, computer or tablet device, you'll find what you need a few clicks or finger taps away. Read More

image description

Download our VISSF App!

Connect to your super whenever you want, wherever you are.

  • Download on the App Store
  • Get it on Google Play


Please note:

We encourage all VISSF members to register for the new Member Online service (it takes less than a minute) and explore the broader range of features and benefits.

Find out more here.
Members Login »