Changing pension from non-reversionary pension to reversionary (general)

This document permits the variation of a non-reversionary pension to being a reversionary pension.

$88      single use | no legal review

This document permits the variation of a non-reversionary pension to that of a reversionary pension for ,,an account-based or Transition to retirement pension.

Only individuals who are dependants (within the meaning of the SIS Act) of the member receiving the pension can be nominated as the reversionary beneficiary.

The document may need to be modified to suit the circumstances and requirements of individual members.      

Before varying the pension determine (and if necessary, obtain expert advice) as to whether the variation will have any adverse Centrelink implications – such as changing the Income Test status of the pension. 

The steps required to vary a pension to a reversionary pension are outlined in the document set, which includes:

• Important notes as to use
• Steps required to vary a pension to a reversionary pension
• Reversionary beneficiary nomination form; and
• Trustee resolutions

Please note:  the online order form provides a completed set of populated and amending documents for one pension  only.   If you would like to make an order for a second pension of the member please submit another set of instructions.

For assistance please call the SUPERCentral Help Desk on 02 8296 6266 or make an enquiry.