Easing into retirement

A Transition to Retirement (TTR) plan lets you use retirement money from preservation age, even if you're still working. After turning 60, it's tax-free. A TTR can help you work less or save more for retirement.

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How a TTR plan can smooth your path to retirement

A Transition to Retirement (TTR) plan lets you access some of your retirement savings:

  • while you're still working;
  • when you've reached your preservation age.

You can get regular payments from your retirement savings while keeping the rest of your money invested. You can start a TTR plan by opening a TTR Pension account alongside your regular retirement savings. This can help you save more before retiring or allow you to work less while still getting paid. 

Here's how it can benefit you:

  1. Tax-Free income: If you're 60 or older, the money from your TTR plan is usually tax-free.
  2. Boost your salary: You can use TTR payments to increase your take-home pay to work less or save more.
  3. Grow your savings: Your retirement savings continue growing even when you work.

Our TTR Pension is for people who are still working, have reached a certain age, and want to save on taxes or get extra income from their retirement savings. Here are some important details:

Minimum Investment

How often you get paid You can get paid twice a month, once a month, every three months, every six months, or once a year.
Payment amount You can pick how much income you want within certain limits.
Investment choices We offer 11 ways to invest your money, including a self-managed option.
Taking out money You can't take out a lump sum; you can only get regular payments up to a specific limit.
Closing your account You can switch your TTR account to your regular retirement savings at anytime.


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Interested in a TTR but would like to chat to someone about it first?

Book a time with one of our experienced Client Services Managers today.  

Setting up a TTR account

Here's what you need to do:

  1. Make a plan: Talk to our Client Service Managers to create a tailored plan.
  2. Read the Pension Product Disclosure Statement: Download it here.
  3. Fill out the application: If you're under 60, you must also complete a form from the Australian Taxation Office (ATO).
  4. Transferring money: If you're moving money from another fund, you may need to complete a transfer form. Once we get all the transfers, your TTR account will become your pension account.
  5. Submit your documents: Including your certified ID.

Getting started with your TTR account

Once we approve your application and set up your account, we'll send you a summary. 

Getting paid

Your income payments will go directly into your bank account per your chosen schedule.

Yearly review

It's essential to review your plan yearly to ensure it still fits your goals.  


Fees & charges

As an industry fund, we work hard to keep fees and costs low. We don't pay commissions, and all our profits go to members as net investment returns.

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Contact our Client Service Team

As a member, you can get personalised support from our Client Service team at no cost or obligation. They can provide general information and limited personal advice on a TTR and how it affects retirement savings.  

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Start your transition to retirement

If a TTR plan suits your circumstances, complete this form online to enquire about a TTR account today.