Retirement Income

GESB's Retirement Income Allocated Pension is an account based income stream which provides our members with a regular income that is flexible and tax-effective.

There is a fee of $511 to open a Retirement Income Allocated Pension account and one annual fee covering investment and administration costs. A fee of $511 is also deducted for each full or partial withdrawal a member makes from their account.

To find out more, read the Retirement Income Allocated Pension Product Information Booklet for more detailed information. 

Our forms, fact sheets and brochures are updated on a regular basis. We recommend you always download the latest version of these documents to ensure you've got the most up-to-date information and we are able to efficiently process your forms.

 

1 This fee is subject to annual indexation, which will be applied on 1 July each year.


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