Retirement Bonus FAQs

By moving from a legalsuper Superannuation (Super) or Transition to Retirement (TTR) account to a Pension account you could increase your savings with our Retirement Bonus. This bonus credits to your legalsuper Pension account when you switch, as funds set aside to pay potential capital gains tax (CGT) during your contribution period are no longer necessary in a tax-free environment. This allows us to pass the savings back to you as a retirement bonus and boost your retirement funds.

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Understanding the Retirement Bonus

The Retirement Bonus is a potential payment from legalsuper when you move to a Pension account. To be eligible you must:

  • Have a legalsuper Superannuation or Transition to Retirement account for at least 12 months before opening a Pension account.
  • Be invested in options other than Cash as Cash investments might reduce or nullify the bonus.
  • Have not received a Retirement Bonus previously.

No application is necessary for the Retirement Bonus. We automatically calculate it based on your membership duration, investment amount, and choices. This amount is directly credited to your Pension account upon opening.

Your unique Retirement Bonus amount varies, reflecting your investment history and choices over the last 12 months. Log in to MemberAccess for an estimated quote, although the amount may differ. legalsuper reserves the right to modify or discontinue the bonus without notice.

Eligible members will find their Retirement Bonus deposited into their new Pension account, visible as a transaction online. This will also be confirmed in the Pension Welcome Pack that will be mailed to you.

Only some people are eligible for the Retirement Bonus. Exclusions apply if: 

  • You're in the Transition to Retirement phase. 
  • You've invested solely or partially in the Cash option in the last 12 months. 
  • You've previously received the Retirement Bonus. 
  • Market conditions or investment losses impact bonus allocations. 
  • The Retirement Bonus counts towards the $1.9 million Transfer Balance Cap. 
  • Contributions tax does not apply to the bonus. 
  • Future legislative changes could affect the bonus's availability or conditions. 


This information is general and should not substitute for personalised financial advice. Review the Product Disclosure Statement (PDS) and Target Market Determination (TMD) and consider obtaining advice from a licensed financial adviser. Our Privacy Policy, the PDS, and other relevant documents can be found on our website. Remember, past performance does not predict future results.