SUPERANNUATION – MINIMUM PENSION PAYMENTS

Updated November 12th 2013

A reminder that all self-managed superannuation funds which are in pension phase are required to make minimum pension payments by 30 June 2010. The minimum pension amount is calculated by taking the pension account balance at 1 July 2009 and multiplying it by the ATO prescribed rate as determined by the member’s age. The minimum pension rates for the 2010 financial year are as follows:

Winter2010Super