How it works

Keep your super with us when you retire and get regular payments made to your nominated bank account. You can choose how often you want to receive these payments. You can also access lump sums at any time.

If you’re over 60, you can enjoy tax free investment earnings and tax free withdrawals, helping you to keep growing your super.

On top of your retirement income stream, you can take out additional lump sums from your super at any time.

How do you start a retirement Income Stream?

Division 5 (accumulation) members: transfer part or all of your super into a Retirement Income Stream Account.

Division 2, 3 or 4 (defined benefit) members: transfer part or all of any lump sum entitlement into a Retirement Income Stream Account.

Division 3 members may also choose to transfer their voluntary account to a Retirement Income Stream.

Start your retirement income stream

We want you to retire when and how you like. We can talk you through how you can access your super to make sure that you make the best decision for your retirement.

Give us a call today on 1300 307 844 to discuss your options or arrange to visit us.

Minimums and maximums

How much can I put into an Income Stream?

The government sets limits on the maximum amount of money that you can have in a post-retirement product such as the ElectricSuper Retirement Income Stream.

The current maximum ‘Transfer Balance Cap’ can be found on the ATO website (

Fluctuations in your income stream do not impact on your cap so if your account balance reduces below the cap, you can’t ‘top up’ your account and, equally, if your balance increases, you don’t need to take money out to keep the balance under the cap.

Transition to Retirement Pensions do not count towards the transfer balance cap until you reach age 65 (or have met other conditions).

The minimum you need to open a Retirement Income Stream is $30,000.

What are the minimums and maximums I can take?

The minimum amount of regular payment is calculated each financial year ending 30 June and depends on your age on 1 July.

Age at 1 July of relevant financial year
Min % of account balance payable per year from 1 July 2023
Under 65 4%
65-74 5%
75-79 6%
80-84 7%
85-89 9%
90-94 11%
95 or older 14%

In the year you open your Income Stream, the minimum amount is based on your age and account balance at the date you start your pension, pro-rated for the remainder of the financial year, unless you start your Income Stream in June, in which case there’s no minimum for the remainder of that financial year (ending 30 June).

There is no maximum limit on the amounts you can take out, however, the more you take, the quicker your account balance will reduce.


*Note that the minimum rates were halved between 2019-2023. The reduced rates ended at 01/07/2023.


Depending on your age and situation, a recontribution strategy may help you make even more of your super, as you move towards retirement, or even once you are retired. Watch our 2 short videos for more information on how recontribution strategies could work for you.

What's next?

How much will I need?

Find out how much you’re likely to need to enjoy the lifestyle you want in retirement.


Enjoy your retirement by focusing on your wellbeing as well as your finances.


Make things easier for your loved ones in the future by nominating beneficiaries.

What our members say

“I gained a better understanding of my current superannuation position, other superannuation products available to me & general retirement options.”

Getting my super

Access your super the way you want with our flexible options. Choose a Retirement Income Stream to receive regular payments when you retire, and continue growing your super. Or find out more about how you could benefit from accessing your super while you work with a transition to retirement (TTR) strategy.

Learn more

Come and talk to us

Get your super sorted with a face to face consultation.

No cost. Start growing your super today.