Our award-winning Retirement Income account is an account-based pension that turns your super into income payments and offers several tax benefits. With the ability to make withdrawals when you need to, it gives you the flexibility and confidence to enjoy the life you want after work. Check if you're eligible below.

Enjoy life after work

Your super income stream

Turn your super into income

Turn your super into an income stream, with the flexibility to make withdrawals when you need to. Control how much and how often you are paid in Member Online.

Potential tax benefits

As your money stays invested, your savings can keep growing, and you benefit from tax-free investment earnings. There's also no tax on payments or withdrawals after you turn 60.

We believe in keeping fees low

As a profit-for-members fund, we can give back profits to members as low fees and better services.


Focused on long-term returns

The default investment option for our Retirement Income account, Balanced, aims to produce long-term returns for our members. You can also choose from our other investment options.


An account that comes highly rated

Our Retirement Income account has won a number of awards, including Chant West's Longevity Award for 2023, for helping you make your super last. And it has regularly received the highest ratings by both Chant West and SuperRatings.

SuperRatings Platinum Pension 2009-2024; Chant West 5 Apples Pension 2024; Chant West Longevity Product 2023


Use our calculators to get a comprehensive view of your retirement income, including the Age Pension.

Retirement Calculator

Retirement calculator

Explore how a combination of different products may work for you over the course of your retirement.

Retirement Calculator

Super and retirement planning

Use our calculators to find out how much money you'll need in retirement, and how much you're on track to receive.

Super Account

Open your Retirement Income account

If you're already a QSuper account holder, it takes less than 10 minutes to sign up for an award-winning Retirement Income account through Member Online. Find out if you can become a member.

FAQs about our retirement income streams Show all Hide all

You can open a Retirement Income account if you meet at least one of the following conditions:

  • You're a QSuper member
  • You've reached the age you can access your super and permanently retired1
  • You've stopped working on or after age 60
  • You're aged 65 or over
  • You've met another condition of release approved by QSuper (e.g. you are totally and permanently disabled), or
  • You're eligible to receive a superannuation death benefit.

You'll also need a super balance of at least $30,000.

Not already a member? Find out if you're eligible

More than 55,000 Australians have enjoyed retiring with QSuper products. Learn more.

The QSuper Product Disclosure Statement for Income Account and Lifetime Pension (PDS) (pdf) has more details on eligibility.

There is a limit on the total amount of superannuation you can transfer to a Retirement Income account. This is known as the transfer balance cap.

For the 2023-24 financial year, the transfer balance cap is set at $1.9 million.

This cap will be indexed, and increases will be in increments of $100,000. The amount of indexation that you'll be entitled to will depend on how much of your transfer balance cap you've used. If you meet or exceed your transfer balance cap, you won't be entitled to indexation.

If you have a number of income streams or pension accounts (not including Transition to Retirement Income accounts), either at QSuper or across multiple super funds, you need to be aware that your combined account balances will all count towards this limit. Special rules apply for lifetime pensions. Visit the Australian Taxation Office's website for more about the transfer balance cap.

If you go over the transfer balance cap, the ATO will let you know that you need to remove the excess amount, plus any associated investment earnings, from your Retirement Income account. They'll also apply tax on those earnings – see the PDS for more information on this.

You won't be considered as having gone over the cap if your Retirement Income account balance grows to more than $1.9 million due to investment earnings.

If you're concerned that this limit might impact your retirement plans, you should think about getting financial advice.

The Product Disclosure Statement for Income Account and Lifetime Pension (PDS) (pdf) has more details about our Retirement Income account, including how it works together with our Lifetime Pension.

You're just a click or a tap away from your super anytime, anywhere

Keep track of your super and get the latest information at your fingertips, with our app or Member Online.

Lifetime pension and Income account icon

Lifetime Pension + Retirement Income account

Our Lifetime Pension is designed to work alongside our Retirement Income account, for a complete retirement solution with the financial security of an income for life.

Use our retirement planning calculators to compare the income you could receive from a combination of Lifetime Pension and a Retirement Income account, or learn more about our Lifetime Pension.

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Discuss your options

Ask us to call you back to discuss your options for making the most of your super.

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Get advice

Professional advice can help you decide whether you'd benefit from our Retirement Income account and/or Lifetime Pension.

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Joining an exclusive member seminar/webinar can help you make your super last and enjoy retirement more.

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1. Permanently retired means you do not intend to ever work 10 hours or more per week in the future.