Pension account

Keeping fees as low as possible

As a profit-for-members fund, we don’t have any shareholders to pay, and we don’t pay commissions to financial advisers. We work hard to keep our fees as low as possible.

Read about our fees and costs

Tax benefits

If you’re aged 60 or over, your pension income is tax free. If you’re under 60, your pension income is taxable but a tax offset applies. Investment earnings are tax free whatever your age.

Find out more

Investment choice

Brighter Super offers a wide range of investment options so you can make a choice that suits your needs. You can change your investments at no extra cost.

View our investment options

Flexible payment options

You decide how often you receive your pension income. Choose from fortnightly, monthly, quarterly, half-yearly or annual payments.

Refer to the relevant Pension accounts PDS

Pension payment dates

To help keep track of your pension payments for the financial year, you can refer to our list of pension payment dates.

View pension payment dates

Minimum pension payments

The Australian Government sets a minimum pension drawdown rate that is based on your age at the time of opening your Pension account, and then on 1 July each year.

During the 2020/21, 2021/22 and 2022/23 financial years, the Government temporarily reduced the minimum drawdown rates on account-based pensions by 50%. However, from 1 July 2023, the relief will be withdrawn and the rates will return to their default level.

View minimum drawdown rates