Retirement Bonus
Why do we offer this bonus?
In your Accumulation or TTR account, we set aside some of your investment earnings to cover future tax on investment gains. When you retire and open an Income account, your earnings become tax-free, so we pass those savings back to you as a Retirement Bonus.
How does it work?
- We estimate the amount set aside for tax and, if you’re eligible, pay this to you as a Retirement Bonus.
- The bonus applies to all NGS investment options except Cash and Term Deposits and Diversified Bonds (these options don’t have capital growth, so no tax is set aside).
How much you could get paid
Your bonus depends on:
- the amount you transfer to an Income account
- your average balance with an NGS Accumulation or TTR account over the 3 years prior to transfer
- how your super was invested over that period
- the Retirement Bonus Rate for each investment option at the time of transfer.
We update the Retirement Bonus Rate every three months. It can change and may sometimes be zero.
Example based on Diversified (MySuper) option as of 1 November 2025
Average account balance over the 3 years prior to transfer | Estimated Retirement Bonus paid on Diversified (MySuper) * |
$100,000 | $1,764 |
$200,000 | $3,528 |
$300,000 | $5,292 |
$400,000 | $7,056 |
$500,000 | $8,820 |
$1,000,000 | $17,640 |
*Your actual bonus depends on the Retirement Bonus Rate at the time you transfer and could be as little as zero. Rates differ across investment options. No bonus applies to Diversified Bonds or Cash and Term Deposits.
How and when you’ll get paid
If you’re eligible, we’ll pay your Retirement Bonus automatically when you open your Income account. No need to apply.
Your bonus won’t count towards contribution caps, but it will count towards your transfer balance cap. Everyone has their own personal transfer balance cap which is managed by the Australian Taxation Office (ATO). You can view it through your ATO linked account by logging in to myGov.
Open an NGS Income account
Retirement is the start of a new chapter, and your super can keep working for you. An NGS Income account gives you:
- a regular income in retirement
- ongoing tax benefits
- the convenience and flexibility of keeping your money in a super environment.
Want a Retirement Bonus estimate? Chat with a Super Specialist.
