Withdrawals

With your REI Super Retirement Pension account you can make lump sum withdrawals and also receive a regular income. (Note that lump sum withdrawals are not available in a Transition to Retirement Pension.)

Make a lump sum withdrawal when you want to

  • cash any unrestricted non-preserved component of your pension account. The minimum withdrawal is generally $5,000
  • transfer your entire account balance back into a complying superannuation fund or another transition to retirement pension product
  • give effect to a Family Law payment
  • pay an Excess Contributions tax assessment

If you make a partial withdrawal of non-preserved benefits, or transfer benefits to another fund, you must keep at least $5,000 in your account for it to remain active. A separate $90 exit fee applies to each partial payment.