Minimum pension payments for 2018 FY & 2019 FY

Minimum annual pension payments (account-based pensions) – 2018/2019 year, and 2017/2018 year

Age of pension account-holderPercentage factors
Under 654%
65 to 745%
75 to 796%
80 to 847%
85 to 899%
90 to 9411%
Aged 95 or older14%

Note: Amount calculated on 1 July each year, unless first year of account-based pension, and then pro-rated from commencement day. If commencement day of the super pension is on or after 1 June of the financial year, then no minimum payment is required for that financial year. Minimum amount to be rounded to nearest $10.

Source: Adapted from Schedule 7 of the Superannuation Industry (Supervision) Regulations 1994. via


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