Have you ever failed to drawdown the minimum pension?
by Abra Chowdhury According to SIS regulations, if a member starts an account-based pension after 1 July 2007, a minimum amount must be paid each year. Minimum pension drawdown percentages are based on the member’s age. Recently, the Government temporarily reduced the minimum pension requirement by 50% for FY2020 and FY2021 to help manage the … Continue reading Have you ever failed to drawdown the minimum pension?
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