#1 fund for weathering market ups and downs3
SuperRatings' Pension of the Year three years in a row4
Give your retirement a head start with a bonus
The QSuper retirement bonus is an industry-first initiative, providing an uncapped payment to eligible members who transfer their money from an Accumulation account or Transition to Retirement Income account to a Retirement Income account or Lifetime Pension.
More than $34.9 million has been delivered to approximately 18,720 members since the June 2016 launch. The largest retirement bonus amount received by a member was $62,900.1
When QSuper invests your superannuation, we put aside money to pay capital gains tax when assets in your investments are sold for gain.
If you decide to transfer your superannuation to a Retirement Income account or Lifetime Pension, your savings move into a tax-free investment environment. This means QSuper won't pay tax on your investment earnings, including when assets are sold for gain, so if you're eligible, the money set aside for tax can be paid back into your account as the retirement bonus.
Another benefit of our retirement bonus is that is does not count towards your concessional contribution cap.
Your retirement bonus is based on the amount of money set aside for tax and your unique investment history.
Some of the factors we take into consideration:
For more information about how the bonus is calculated, refer to the Accumulation Account Guide (pdf).
All of the factors listed above may affect the amount of bonus you may receive, so in some cases even if you're eligible, the bonus may be calculated as zero. For example:
If you're 45 or older, log in to Member Online to see your retirement bonus estimate.
1. Figures are rounded and are current as at 30 June 2020.