A pension account is a different type of super account that you can set up at retirement. It has several tax benefits and keeps your money invested while drawing a regular income from your retirement savings. In most cases, you can withdraw some or all of your account into a lump sum payment at any point. Any money you don’t draw as income can be invested in a range of investment options.
Our products and services
Retired and looking for more certainty over your returns?
Introducing CPIplus, a Pension investment option that aims to deliver a consistent and predetermined return above inflation each year.
Not available for Transition to Retirement Pensions. Though returns above inflation are predetermined annually, Hostplus can shorten the return period. Hostplus may also adjust the rate of return with at least 30 days’ notice.
Learning Hub
Try SuperSmart today
An interactive way to get financial education and tailored advice* online to help supercharge your future.
Exclusive to Hostplus members 24/7 via Member Online at no extra cost.
*Members with Term Allocated Pension, Lifetime Pension, Defined Benefit Pension, nil balances, non-standard investment options and some Maritime Contributory Accumulation members cannot access SuperSmart financial advice services.
Manage your super
Try SuperSmart today
An interactive way to get financial education and tailored advice* online to help supercharge your future.
Exclusive to Hostplus members 24/7 via Member Online at no extra cost.
*Members with Term Allocated Pension, Lifetime Pension, Defined Benefit Pension, nil balances, non-standard investment options and some Maritime Contributory Accumulation members cannot access SuperSmart financial advice services.
Retirement
Retired and looking for more certainty over your returns?
Introducing CPIplus, a Pension investment option that aims to deliver a consistent and predetermined return above inflation each year.
Not available for Transition to Retirement Pensions. Though returns above inflation are predetermined annually, Hostplus can shorten the return period. Hostplus may also adjust the rate of return with at least 30 days’ notice.
-
Member Online
Enter your Member Number and Password to access your account anytime.
-
Pension Online
Log in to manage your Pension account 24 hours a day, 7 days a week.
-
QuickSuper
Pay your employees super contributions across multiple super funds.
-
Self-Managed Invest (SMI) for SMSF
Enter your Username and Password to access your account and start managing your investments.
-
Member Join
Everyone is welcome to join us as a member of our personal super plans.
-
Pension Join
Starting a Hostplus Pension or joining Hostplus if you’re not already a member is easy.
-
Employer Join
No fees. Easy payments. Become a registered Hostplus employer in less than 10 minutes.
-
SMSF Join
It only takes a few minutes to register to invest with Hostplus Self-Managed Invest.
-
Member Online
Enter your Member Number and Password to access your account anytime.
-
Pension Online
Log in to manage your Pension account 24 hours a day, 7 days a week.
-
QuickSuper
Pay your employees super contributions across multiple super funds.
-
Self-Managed Invest (SMI) for SMSF
Enter your Username and Password to access your account and start managing your investments.
-
Member Join
Everyone is welcome to join us as a member of our personal super plans.
-
Pension Join
Starting a Hostplus Pension or joining Hostplus if you’re not already a member is easy.
-
Employer Join
No fees. Easy payments. Become a registered Hostplus employer in less than 10 minutes.
-
SMSF Join
It only takes a few minutes to register to invest with Hostplus Self-Managed Invest.
Why Hostplus
Retired and looking for more certainty over your returns?
Introducing CPIplus, a Pension investment option that aims to deliver a consistent and predetermined return above inflation each year.
Not available for Transition to Retirement Pensions. Though returns above inflation are predetermined annually, Hostplus can shorten the return period. Hostplus may also adjust the rate of return with at least 30 days’ notice.
Product and fee information for advisers
Retired and looking for more certainty over your returns?
Introducing CPIplus, a Pension investment option that aims to deliver a consistent and predetermined return above inflation each year.
Not available for Transition to Retirement Pensions. Though returns above inflation are predetermined annually, Hostplus can shorten the return period. Hostplus may also adjust the rate of return with at least 30 days’ notice.
-
Member Online
Enter your Member Number and Password to access your account anytime.
-
Pension Online
Log in to manage your Pension account 24 hours a day, 7 days a week.
-
QuickSuper
Pay your employees super contributions across multiple super funds.
-
Self-Managed Invest (SMI) for SMSF
Enter your Username and Password to access your account and start managing your investments.
-
Member Join
Everyone is welcome to join us as a member of our personal super plans.
-
Pension Join
Starting a Hostplus Pension or joining Hostplus if you’re not already a member is easy.
-
Employer Join
No fees. Easy payments. Become a registered Hostplus employer in less than 10 minutes.
-
SMSF Join
It only takes a few minutes to register to invest with Hostplus Self-Managed Invest.
-
Member Online
Enter your Member Number and Password to access your account anytime.
-
Pension Online
Log in to manage your Pension account 24 hours a day, 7 days a week.
-
QuickSuper
Pay your employees super contributions across multiple super funds.
-
Self-Managed Invest (SMI) for SMSF
Enter your Username and Password to access your account and start managing your investments.
-
Member Join
Everyone is welcome to join us as a member of our personal super plans.
-
Pension Join
Starting a Hostplus Pension or joining Hostplus if you’re not already a member is easy.
-
Employer Join
No fees. Easy payments. Become a registered Hostplus employer in less than 10 minutes.
-
SMSF Join
It only takes a few minutes to register to invest with Hostplus Self-Managed Invest.
it’s now time
to enjoy your retirement
Your super income stream
Subject to certain age requirements, a Hostplus Pension account turns your super into a regular tax-free income. Manage your retirement your way, with a wide variety of investment options and tax-free investment returns.
Tax may apply to pension payments when you are under the age of 60, please refer to the Hostplus Pension Guide for more information.
Flexible income & withdrawals
Subject to minimum pension payment requirements, turn your super into income, with the flexibility to make withdrawals when you need to. Control how much and how often you want to be paid, giving you full control of your retirement. Please refer to the Hostplus Pension Guide for more information.
Tax-free investment returns
As your money stays invested, your savings can keep growing, and you benefit from higher net returns as there is no longer any tax payable on your investment earnings.
Investment choice
Access Hostplus’ wide ranging investment menu to tailor your investment approach. The Choiceplus investment option is also available for anyone wanting even more flexibility, with access to shares in companies listed on the S&P/ASX300 Index and a select menu of ETFs, LICs, and Term Deposits.
CPIplus investment option
An innovative investment option only available to our Hostplus Pension members. The CPIplus investment option aims to deliver consistent and reliable long-term investment performance.
Make an
informed choice
Learn more about Hostplus Pension in our detailed guides.
Get ready for a positive future with a Hostplus Pension account
It takes about 20 minutes to apply for a Hostplus Pension account online, or you can call us on 1300 348 546 to discuss your options.
Have a question
about retirement?
To invest in a Hostplus Pension account, you must invest a minimum of $10,000 from your current super fund, but no more than the transfer balance cap. You must also meet a condition of release.
Temporary residents are unable to access pension accounts.
In most cases, superannuation benefits are released once you reach your ‘preservation age’ and are permanently retired. Your preservation age depends on when you were born.
| Date of birth | Preservation age |
|---|---|
| Before 1 July 1960 | 55 |
| 1 July 1960–30 June 1961 | 56 |
| 1 July 1961–30 June 1962 | 57 |
| 1 July 1962–30 June 1963 | 58 |
| 1 July 1963–30 June 1964 | 59 |
| After 1 July 1964 | 60 |
If you’re over age 60, you will receive all your pension payments and lump sum withdrawals tax free and won’t even need to report them on your tax return. If you’re under age 60, some or all of your pension payment will be taxed like other income, with some offsets applied, so you will need to report the payments on your tax return. Your lump-sum withdrawals may also be taxable. It’s important that you refer to the Hostplus Pension Guide for more information.
On 1 July 2017, the Australian government introduced the ‘transfer balance cap’. The cap (currently $1.9 million) is a lifetime limit on the total amount of super that can be transferred to retirement income streams. This includes a Hostplus retirement account.
Head to the ATO website to learn more about the transfer balance cap.
The Australian Government has set guidelines around the minimum you can withdraw each year. You can read more about the guidelines in the Pension Guide.
There’s no maximum withdrawal limit for pension accounts, but it’s a good idea to plan for how much you’ll need each month. If you need help, give our financial planners a call. They’re on hand to help you with all your retirement questions.
Under federal legislation, superannuation benefits must be ‘preserved’ for retirement. This means they must be kept within a complying superannuation or rollover fund until a ‘condition of release’ is met, which allows benefits to be paid. The conditions of release are:
- You have reached the preservation age and are permanently retired from the workforce.
- You have reached age 60 and terminated employment.
- You have reached age 65
- You are totally and permanently disabled.
- You are terminally ill.
- You are an eligible dependant in receipt of a death benefit income stream.
