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.
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.