Options for a shortfall in the minimum pension for an ABP
3 February 2022
ECPI, segregation and actuarial certificates
Where an account-based pension (ABP) in retirement phase does not meet the minimum pension standards in the SIS Regulations there are consequences, both for the superannuation fund and the pension recipient. These include reducing the fund’s claim for exempt current pension income (ECPI) and changing the mix of tax components of the pension interest. ...
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