Ready to be a Director? Find out more: Member Director, or Employer Director. Nominations close Tuesday 2 July 2024.

Ease yourself into retirement at your own pace

Thinking about retiring but not quite ready to give up work?

An Equip Super Transition to Retirement Income account allows you to cut back on your work hours, while also adding to – and drawing an income from – your super.

Not sure where to begin? Our Retirement Centre can answer your questions and provide one-on-one support. So don't be shy - get in touch today.

Working family working in a flower business with roses.
title image
Reduce your working hours

Cut back on your working hours, and have more time for the things you want to do.

title image
Maintain your income

Supplement your reduced income by drawing on your super, even while you’re working.

title image
Maximise your savings

Keep building your retirement savings by contributing to your super account.

How it works

A transition to retirement income account operates alongside your super account. It allows you to start drawing on your super benefits as regular income payments once you've reached your preservation age so you can start to work less.

And just like with your super account, you decide how your account is invested, to best suit your financial goals.

Once you reach age 65 your Transition to Retirement Income account converts automatically to a retirement income account.  You can also convert it to a Retirement Income account if you fully retire before you reach age 65.

Retirement Centre support

Not sure where to begin? Our Retirement Centre can provide one-on-one support and answer the questions you might be too shy to ask. Our services are available to all.

Learn more

To open a Transition to Retirement Income account, you need a minimum of $25,000. If you’re transferring money from a super account in Equip Super but still plan to keep your super account open, you’ll need to leave a minimum balance of $6,000 in that account.

Equip Super offers seven diversified options and four sector-specific options, so you can choose the options that best suit your retirement goals.

One of the main benefits of a Transition to Retirement Income account is that you may be able to reduce your working hours but still maintain your income.

Or, if you're not quite ready to permanently leave the workforce, you can receive additional income by drawing on your super.

You can choose to have your income paid to you on a fortnightly, monthly, quarterly, half-yearly, or annual basis. And you get to nominate how much you want to receive. Note that minimum and maximum amounts apply.

Once you've turned 60, there's generally no tax on your income payments.

While you’re still working, you and your employer can keep making contributions to your super account, so you can keep saving for your retirement.

Choice of investments

Choose from a wide range of investment options to best suit your needs.

Explore options
Competitive fees and costs

Our competitive fees and costs mean more money stays in your account for your future.

Fees and costs

Our awards

Super Ratings

Super Ratings


Platinum 2024

Super Ratings 10 Year Platinum


Member Education


Chant West: Pension

Highest quality fund 2024

Opening your account

Who’s eligible?

You can open a Transition to Retirement Income account if:

  • You’ve reached your preservation age
  • You’re under age 65, and
  • You haven’t permanently retired from the workforce.

If you've permanently retired from the workforce, you may be eligible to open a Retirement Income account.

Ready to open an account?

Download and complete the following forms (as required) and submit them to us.

Application form

PDF 1798888 KB

If you’re rolling in funds from another super fund.
If you’re under age 60.

We can help with your application

Remember – we’re here to help, and that includes stepping you through the application process if you need a hand. Our Retirement Centre can answer your questions, assist with your application, and help you take the next step in your retirement journey. Call us today or request an appointment to get started.

Join our award-winning fund

Plan for your future with the industry fund that works hard for you.

Join us