Our Preparing for Retirement booklet covers just about every aspect of retirement, from planning for retirement, through to your government entitlements once you’ve finished your life in paid employment, and everything in between.
Get all the information, resources and forms you need when it's time to retire
If you’ve already retired and started an Income Stream, you might find more resources to help you on the Already Retired Super Hints page.
The Federal Government sets an upper limit on the amount you can move into the retirement phase of your super. Will you be affected?
Want more information about an Income Stream and how it works?
See our How Super Works In Retirement Super Hints web page.
You might be surprised to discover that your super might not be automatically paid to the person you expect if you die.
However, you can nominate who you want to receive your super if you die. That includes who receives your Income Stream. It could give you and your loved ones some piece of mind. If you have an Income Stream, there are 2 choices:
By nominating a reversionary beneficiary, your spouse could continue to receive regular income payments from the Income Stream if you die.
This can save them stress at a difficult time. It also allows them to keep the money in the super system, which can be restricted or even prohibited if they’re over a certain age when they inherit.
If you nominate your spouse, they will still be able to access the account balance as a lump sum if they prefer.
See the form for all the details.
If you don’t have a spouse, or if you don’t wish your regular income payments to revert to your spouse, you can nominate your income stream to be paid as a lump sum to your nominated beneficiary/beneficiaries.
The binding nomination form must be witnessed by 2 witnesses and needs to be updated and replaced every 3 years.
See the form for more details of who could be a valid beneficiary.
When you access your super, you will need to provide proof of your identity. Read more about the requirements on our web page.
You may be planning to recontribute some of your super as part of a tax strategy. Find out more recontribution in our quick videos.
Here are some of the forms and other resources that might be useful when looking to access your super
Want to access our other forms, pages and calculators? See the Resources/Forms page.
If you are a member of the defined benefit Pension Scheme, use this form to instruct us what you want to do with your lifetime pension.
If you have an Income Stream, you can nominate your spouse to continue to receive your regular payments after you die.
If you’re rolling super from other accounts to incorporate into your Income Stream, make sure you allow enough time for the rollover to be actioned by the other super company.
You can action a rollover easily with no paperwork using your my.Gov.au account.
Don’t have a myGov account and want to roll other super into ElectricSuper? You can use the paper-based form.
You’ll need to allow more time for this request to be actioned.
If you’re planning to claim a tax deduction for any super contributions, use this form
The quickest way to get the facts about your super is in a one-on-one meeting with our Member Services Team. The meetings are free for our members!
These ElectricSuper links may also give you more information:
You can also find information and support at these links:
Get your super sorted with a face to face consultation.
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