• Significantly reduce the amount of income tax you pay
• Boost your retirement savings
• Supplement your income.

Making salary sacrifice contributions to your super account whilst still working can significantly reduce the amount of income tax you pay. You can also boost your retirement savings and draw regular pension payments to supplement your income.

For more information regarding the TTR, please click here.

An Account-Based pension may allow you to:

• Pay no tax
• Provide an income
• Have greater control over your income and spending
• Receive favourable Centrelink treatment.

The major advantage of an account-based pension is that investment earnings, regular pension payments and lump-sum withdrawals are generally tax-free (if you're over 60). In addition to the tax benefit, you may receive favourable Centrelink treatment and receiving a regular income allows you greater control over your income and spending whilst keeping your money invested for longer.

Full details about the OAMPS Pension Stream are contained in the PDS. The TTR brochure provides scenarios and examples of how a TTR may benefit you as you approach retirement.

You may contact the service centre on 1800 812 993 for more information about the Pension Stream.