(First Officer listed to be Chairperson, first 2 Officers to be signatories)
(First person listed to be Chairperson)
Pension Schedule
Amount of member’s account balance to be used to fund pension:
% of account balance
from account balance
Current Account Balance details:
$
$
$
A Member from age 55 can commence a pension before they retire, however, until they retire or reach 65 years of age (whichever comes first), the
payments in a year (including payments made under a Splitting Order must not be larger in total than their Account Balance x 10%.
The pension may continue to be paid to a spouse, or a child of the beneficiary if the child:
is less than 18 years of age; or
is greater than 18 years of age, but less than 25 years of age and is financially dependent on the Member; or
has a disability of the kind described in subsection 8(1) of the Disability Services Act 1986.
