Reduction of the minimum pension continues into 2021/22

In response to the economic impact of COVID-19 in 2020, the Government provided temporary relief to pension members by halving the minimum amount they must receive as a pension for the 2019/20 and 2020/21 financial years. The Government has recently extended this relief for another year.

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Any questions?

If you have any questions or require further information, please:

  • call Adviser Services on 1800 804 768, weekdays 8.30am to 6.30pm (AEST)
  • email us at adviser@onepath.com.au
  • speak with your OnePath Business Development Manager or an IOOF Client Solutions Manager