Pension benefits

We offer a low cost, uncomplicated, high value pension product.

Features and benefits of the Club Plus Pension include:

Investment Choice

We provide members with an uncomplicated and sensible set of six investment options to choose from, which you can choose to switch as often as you like. More about investment options.

Low fees

All pension members enjoy low fees. There are no establishment or termination fees and no fees payable on regular pension payments. The member (administration) fee is a low $1.80 per week. More about fees.

24 hour online access

We make it easy for you to manage your pension through our online facility, MemberAccess. You can view your account balance, make an investment switch, update your details, view your statements and more. More about MemberAccess.


We offer flexible payment options, allowing you to choose how much and how often (limits apply).

Transition to Retirement (TTR) option

Allowing you to access your super while you are still working. More about TTR.

Tax-free pension payments and lump sums at age 60 and over

You can have tax-free access to your capital once you reach age 60.

Option to nominate a reversionary beneficiary or beneficiaries

With this option you don’t have to worry about losing your Pension if you die prematurely. If you have nominated a reversionary beneficiary they will continue to receive your pension payments. Alternatively, a lump sum payout can be made to a beneficiary.

Ability to make a binding death nomination

A binding death benefit nomination allows you to nominate who will receive your superannuation benefits in the event of your death and ensures that the trustee is legally bound by your wishes. Access the Binding Death Nomination form.

For more information, download a Pension Product Disclosure Statement or call our Pension Hotline on 1800 204 194, Monday to Friday from 8am to 6pm AEST. Alternatively, submit an enquiry.