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Post-Retirement Account Based Pension

The Post-Retirement Account Based Pension allows you to invest your superannuation savings and receive regular income payments until the total account balance is exhausted.

 

The balance of your pension is not locked away, so you can access your savings as a lump sum at any time should an unexpected expense arise.

 

To be eligible to commence a SPEC Pension in Post-Retirement you must:

  • Have reached age 55 and permanently retired from the workforce; or
  • Have reached age 60 and left your employer; or
  • Have reached age 65; or
  • Have been assessed as Totally and Permanently Disabled (TPD); and
  • Have a minimum Account Balance of $10,000

Download the SPEC Pension Product Disclosure Statement (inc SPDS) for further information.

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