Market Linked Pension Ver2020.2.au

Name:

Expiry Date:

Calculation Date:

Account Balance:

A market-linked pension is also known as a Term Allocated Pension (TAP). On the 1st July each year the pension payment amount is determined by dividing the account balance by the relevant payment factor from Schedule 6 of the SIS Regulations, rounded to the nearest $10. The payment factor is based on the remaining pension term in whole years. This term is rounded up if the pension orginally commenced between 1 January and 30 June or rounded down if commenced between 1 July and 31 December. If the remaining term is less than 1, the payment factor is 1. The actual pension drawn must be between 90% (45% for 2019/20 and 2020/21 years) and 110% of the calculated amount. The minimum pension standard (use ABP calculator) also applies if the market-linked pension commenced after 30/9/2007.

** The required ML/TAP pension is: $
**

** The minimum required drawdown is: $
**

** The maximum allowed drawdown is: $
**

Based on the following

Term Remaining unrounded:

Term Remaining rounded:

Market-Linked Factor:

Unrounded Pension Payments:

Print Settings: Landscape; Scale 75%.

Powered by NetActuary. The responsibility to check the accuracy and appropriateness of the result remains with the user as a condition of use.