Income stream CSCri
Commonwealth Superannuation Corporation retirement income, or CSCri, is a more flexible way to access your super when you retire, giving you more freedom to receive your money when and how you need it.
Commonwealth Superannuation Corporation retirement income (CSCri)
CSCri is designed to complement your existing CSS, PSS, or PSSap benefit by allowing you to keep some or all of your super invested, while also receiving regular retirement income payments.
Why choose us With CSCri your benefits are greater
You choose how and when you want to retire
Access when you need
With CSCri your super isn't locked away. You can withdraw ad hoc amounts at any time
All your investments earnings are tax-free
We offer you two products...
The key features of CSCri
Income stream options
$20,000 minimum investment
CSCri accounts must start with a minimum investment of $20,000.
This money can come from:
- your existing PSSap (including Ancillary) account; and/or
- another superannuation fund; and/or
- an eligible superannuation fund contribution (such as an after-tax/non-concessional contribution).
PSS and CSS members commencing a standard retirement income stream can only use a lump sum amount from either CSS or PSS when you permanently retire.
Flexible income and ad hoc options
Paid fortnightly, monthly, quarterly, half yearly or annually, by direct debit to your bank, building society or credit union.
Note: There is a minimum annual payment amount.
Ad hoc withdrawals
Available at any time.
- Tax-free investment returns (for standard retirement income streams)
Age 60 and over
- Tax-free income payments and ad hoc withdrawals.
Under age 60
Concessional tax on income payments and ad hoc withdrawals.
One or a mix of up to four investment options:
- Income Focused (default)
Reversionary, binding or non-binding.
Expert financial advice
Access to fee for service, no commission personal financial advice for your individual situation and long-term goals, provided by CSC's authorised* financial planners.
* Our authorised financial planners are authorised to provide advice by Guideway Financial Services (ABN 46 156 498 538, AFSL 420367.). Guideway is a licensed financial services business providing CSC financial planners with support to provide members with specialist advice, education and strategies.
Ability to restart your CSCri with additional amounts
Add additional amounts and restart your CSCri at any stage (you may need to have received the minimum annual payment amount before restarting).
CSCri’s different investment options have different levels of risk, and of course, return. Here’s how our different investment options are performing, so you can make better choices for your retirement.Find out more
Investment options CSCri
Standard retirement income stream and Transition to retirement income stream members have the choice of investing in one or more of four investment options. Take the time to understand your investment options and how your super is invested in them.Find out more
CSCri Member Services online
Login to online services to manage your CSCri accountFind out more
Product Disclosure Statement
The Product Disclosure Statement provides important information about the fees, benefits, risk and cost of investing your super. It includes references to the Investment Options and Risk, Fees and Other Costs, Tax and Your Super, Insurance and Your Super, and Ancillary Membership booklets which form part of the Product Disclosure Statement.Find out more
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Nominate a beneficiary CSCri
Securing your super in safe hands. Nominating your beneficiaries is easy.Learn more
I’m a beneficiary
Nominating beneficiaries for your super is important.Learn more
Transition to retirement
You can access your super savings as a regular tax-effective income stream in the lead up to retirement.Learn more