Retire | Cbus Super

A steady pay cheque even after you stop working

A Cbus Super Income Stream (SIS) keeps your money invested and working for you in retirement. It provides regular and tax-effective income, during your final years of work and into retirement.

For more details, read the Cbus Super Income Stream PDS (PDF)

Benefits of a Super Income Stream account

You choose your regular payment amount and can also make extra withdrawals at any time (Fully Retired option only).

You’ll continue to receive investment earnings on your savings.

Enjoy tax-free income stream payments and investment earnings (Fully Retired option only).

^{A Super Income Stream may not be appropriate for you. Before applying for a Cbus Super Income Stream you should look at your own financial position, objectives and requirements, or contact Cbus Advice Services for more information}

Ready to open an Income Stream Account (SIS)?

If you have all the information you need and feel now is the right time to apply for a SIS account, you can download the Super Income Stream Product Disclosure Statement (PDS) below or you can request a call back from our Advice Team.

Download PDS Request a call back

Will you have enough for the retirement you want?

Find out if the government Age Pension plus your super will give you enough income in retirement.

Calculate retirement income

How the Age Pension works

When you receive retirement income from your super, you may still be eligible for the government Age Pension. Find out if you’re eligible and how much you could get.

About the Age Pension

Retirement spending planner

Work out how long you’ll be able to sustain your current way of life, while enjoying those little extras in retirement.

Create your spender plan

Join a retirement webinar

Learn more about retirement and super at one of our webinars. They’re relaxed and informal so anyone can join, and they’re provided as part of your membership.

Find a webinar

What you need to open a Super Income Stream (SIS) account

Have a minimum of $10,000 to invest.
Reach your preservation age.

You can set up a SIS using funds from your existing super account with Cbus or from any other super fund.

If you’re using an existing Cbus super or TTR account to start your Fully Retired income stream, Cbus will refund money we’ve held from your account that would have been paid as tax. Read the Income Stream tax refund fact sheet (PDF) for details.

Take advantage of tax benefits

Generally, no tax is payable when you transfer your money into a super income stream. There's also no tax on your investment earnings if you're in the Fully Retired option.

If you’re under 60, your super income stream payments are taxed lower than other forms of investment. Some of your superannuation income stream may be tax-free and you’ll receive a 15 per cent tax offset on any taxable proportion.

If you’re 60 or over, the super income stream payments you receive are tax-free.

There are two types of SIS accounts

	If you're still working	If you've stopped working
Between preservation age and age 64	Transition to Retirement account	Fully Retired account
Age 65+ years	Fully Retired account

Transition to Retirement account

With the Transition to Retirement (TTR) option you can access your super through a super income stream while you’re still working.

To be eligible, you need to be between preservation age and 65 years. While you’re working, any super contributions will continue to be paid into your Cbus accumulation super account.

You can use a TTR income stream to:

work part-time and use an income stream to supplement your income
work full-time and use an income stream to provide some or all of your income. You could then salary sacrifice more of your wages into your accumulation super account, providing potential tax savings.

Learn more in the Transition to Retirement fact sheet (PDF).

Apply for the Age Pension the easy way

Cbus are proud to partner with Retirement Essentials, experts in simplifying the Age Pension and Commonwealth Seniors Health Card application process for you.

Learn more

Could you be eligible for a government entitlement?

JobSeeker

Financial help if you’re between 22 and Age Pension age and looking for work. It’s also for when you’re sick or injured and can’t do your usual work.

Visit Services Australia

Disability Support Pension

Unable to work due to injury? You might be eligible to receive financial help if you have a permanent physical, intellectual or psychiatric condition that stops you from working.

Visit Services Australia