Super and estate planning
A pensioner may commence a pension as a reversionary pension. Where a pension will continue to a reversionary pensioner upon the death of the primary beneficiary, there is no need for the primary beneficiary to make a binding death benefit nomination.
For members who pass away on or after 1 July 2007 the reversionary beneficiary must be a SIS dependant of the deceased, subject to the new restrictions for pensions paid to adult children (see sections 14.5 and 14.8).
Last modified: Tuesday, May 2, 2017