Superannuation – Minimum Superannuation Pension Payments

Updated November 12th 2013

An extension has been granted into the 2010-2011 year for the 50% reduction in minimum pension payments. This 50% reduction was first introduced as a temporary measure in December 2008 in response to the financial downturn, however treasury acknowledges that financial recovery has been a slow process and has therefore extended the reduction in the minimum pension requirements.