Under Australia’s social security system, you may be entitled to Centrelink pension benefits in addition to your pension plan account.
However, the rules governing social security and their interaction with the superannuation system are complex.
The amount you receive from Centrelink or the Department of Veterans’ Affairs (DVA) depends on your income and assets.
Income and assets tests are applied each year or when there is a change in your circumstances, and your benefits (if any) and are calculated based on the information you provide.
For more information about these tests, please refer to the Pension Guide or contact Centrelink.
We recommend you discuss your own circumstances with a licensed financial adviser or Centrelink before deciding to invest in the HOSTPLUS Pension.