Live your retirement in comfort and security
A lifetime income stream is a retirement product that gives you a regular income for the rest of your life.
Our lifetime income streams
Lifetime Income
This retirement product is open to UniSuper members who are eligible to start a pension and have at least $25,000 in super.
Supplement your income
Use as your main source of income, or as an extra income source to protect yourself from outliving your retirement savings.
Guaranteed income
You’re guaranteed a minimum amount over 10 years in most cases. Your annual income is indexed in line with CPI.
Look after your partner
You can choose a joint life option so your partner can receive your payments if you pass away.
How to apply
Before applying, read the Product Disclosure Statement (PDF, 1.15 MB) and Target Market Determination (PDF, 116 KB) and consider getting financial advice from a qualified financial adviser.
Defined Benefit Indexed Pension
This retirement product is open to UniSuper members who have been a continuous Defined Benefit Division member since before 1 July 1998.
No minimum amount
You can use some or all of your defined benefit component to start a Defined Benefit Indexed Pension.
Look after your partner
If your partner outlives you, they’ll receive part of your pension for as long as they live.
How it’s calculated
We offer two types of Defined Benefit Indexed Pensions for eligible Defined Benefit Division members. Each option is calculated differently and provides different benefits when you retire.
For more information, read the How Defined Benefit Indexed Pension (DBIP) is calculated fact sheet (PDF, 116 KB) and the Defined Benefit Indexed Pensions Product Disclosure Statement (PDF, 3.38 MB).
How to apply
Before applying, read the product disclosure statement and consider getting financial advice from a qualified financial adviser.