Pension accounts

 Our pension accounts are designed to provide you with regular income payments leading up to, or in, retirement. With two flexible options, it’s a matter of choosing the one that suits you.

Over 55 and retired

If you are over age 55 and permanently retired, an LGsuper Pension account can provide you with a regular income, as well as the flexibility to take lump sum withdrawals if you need to. 

Twelve investment choices

You can choose from 12 investment options, or a combination of them, and you can switch your investment up to 12 times each financial year. Read more...

Pay low fees

Our fees are low and you don’t pay to withdraw from your account. It’s also free to switch investment options. Full details are available in the Fees section of our Pension accounts guide (PDS).

Income to suit

An LGsuper pension account can provide you with an automatic, regular payment direct to your bank account. You can change the amount and frequency of your pension payments and take lump sum withdrawals when you need to (up to 12 each financial year).

Information at your fingertips

Come to our free seminars, read our regular newsletter, or check out our wide range of publications. Register for LGsuper online and you can view your account and update your personal details whenever you want.

Professional advice at hand

Our knowledgeable staff can give you advice on your super in person or over the phone. Contact us to discuss how much you could receive from a super pension, the amount of tax you are likely to pay and our range of flexible investment options.

You should read the Pension accounts guide (PDS) and Investment choice guide when deciding whether to acquire, or continue to hold, this product.

 Transition to Retirement Pension account

Not fully retired? Think about this

If you have reached your preservation age but have not fully retired, you can open a Transition to Retirement Pension account. It means you can receive income from your super while you are still working.

This account works in much the same way as our Pension account but you are unable to make lump sum withdrawals.

Winding back

You can use a Transition to Retirement Pension account to top up your income while you reduce your hours of work, or you can continue working full-time and receive a pension as additional income. It’s up to you.

Reduce your tax bill

Talk to us about how you can reduce your tax bill in the lead up to retirement, simply by combining a Transition to Retirement Pension account with salary sacrificing your salary into super.

You should read the Pension accounts guide (PDS) and Investment choice guidewhen deciding whether to acquire, or continue to hold, this product.