SUPER Vita Palestrant
The minimum drawdown rate for super members with an account-based pension will return to normal in the new financial year. The minimum was temporarily halved four years ago to shield members’ super balances from falling markets and pandemic-induced uncertainty.
If you are between 65 and 74, your annual pension rate will go from 2.5% to 5% on July 1 (see table). The drawdown rate also increases as you get older. For
