Transition to retirement pension

We’re merging with Spirit Super on 1 November
We’re currently in a limited service period while we complete our merger with Spirit Super. If you’re interested in opening an account with CareSuper, get in touch here to get started.

Start using your super with a transition to retirement pension

A transition to retirement (TTR) pension gives you choices when it comes to gaining access to your super. It lets you open a CareSuper Pension account so you can start drawing on some of your super, while you’re still working and boosting your super savings ahead of retirement.

Let’s see what a transition to retirement pension is all about.

What is a CareSuper transition to retirement pension?

If you’ve reached your preservation age and are still working part-time (at least 10 hours per week) or full-time, you can access your super and start a TTR account. 

ttr flow diagram

What are the benefits? 

Enjoy: 

  • Supplemented income – top up your take-home pay with super, as you slowly wind-down your workdays or hours  
  • Tax savings – there’s no tax on your income payments once you reach age 60 and you can lower the income tax you pay by continuing to top up your super 
  • Investment earnings – your super will continue to earn you interest (taxed at up to 15%), helping to boost your account balance.   

 Who can open a CareSuper TTR pension? 

Anyone who's: 

Let's plan together

If you're planning for a life after work, seeking financial advice through your super is a great option. We offer 3 different types of advice, based on your individual circumstances. Book a call-back.

Ready for your super to start paying you?
Retirement readiness checklist
Use our checklist to build a clear picture of your retirement readiness, and plan for a brighter life after work. Because when you plan, you make better decisions.

We're here to help

If you have a super, retirement or pension-related question, call 1300 360 149, 8am-8pm (AET) weekdays, or get in touch online.