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Pension Commutation

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Pension Commutation

$129.00

The ABPC converts some or all of the member’s or reversionary beneficiaries’ pension to a lump sum cash or asset equivalent.

If the member has more than one account based pension, the pension in which the commutation is to be made from can be identified by either the name of the ABP (if given), or the original ABP commencement date.

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Description

The LightYear Docs Account Based Pension Commutation (“ABPC”) enables a member to commute their pension into a lump sum. It may also enable a reversionary pension member to take a lump sum in the event of the death of the member.

► $129.00 (inc GST) – OR provided under your unlimited membership (exc ASIC fee)

► The master document has been signed off by Abbott & Mourly and is congruent with Australian law.

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