Open a Cbus Super Income Stream account
A Cbus Super Income Stream (SIS) account ensures you have a regular income to enjoy life in retirement, while getting strong long-term returns on your super. A SIS account can help increase your savings, with flexible pension payments, tax-effective investment earnings and no tax on payments or withdrawals after you turn 60.
In just a few easy steps you can open your SIS account now.
Due to Media Super merging with Cbus, Media Super Pension accounts have closed and been moved to a Cbus Super Income Stream.
We appreciate change can bring uncertainty. Please be assured all practical pension product options were scrutinised for benefits and the need to act in the best financial interests of our members.
For members with an existing Media Super Pension account, your benefits have been transferred to a new Cbus Super Income Stream and will continue to provide you with a regular pension payment. You will also enjoy additional benefits, such as:
- Fortnightly payments in addition to monthly, quarterly, half-yearly and yearly options
- Additional flexibility on how payments are drawn down from investments
- Retirement Spending Planner and Cbus Advice Team.
Named Money Magazine’s Best Pension Fund for 2022, you’re in great hands with Cbus.
The information on this web page relates to the Cbus Super Income Stream (SIS)
Opening a SIS account
A Cbus SIS account gives you the comfort of a regular income in retirement with the flexibility to make withdrawals when you need to. And you'll continue to earn investment returns.
Cbus offer two types of SIS accounts. A Transition to Retirement (TTR) account if you're still working and a Fully Retired account when you're retired.
Before opening your SIS account
It’s a good idea to consider the following:
- Learn more about Transition to Retirement and Fully Retired accounts or read the Super Income Stream PDS
- Check if you’re eligible
- Combine other super accounts you may have into your existing Media Super account.
Advice Services for members
Call and speak with an adviser today. It’s at no additional cost and our advisers can help you understand your options, what you need to consider before making any changes and provide a personal recommendation on topics like which investment option to choose, super contributions or starting a Super Income Stream. Advice Services are ready to take your call from 8:30am to 6pm Monday to Friday (AEDT/AEST), Call us on 1800 640 886 (option 4) to get the ball rolling.
How to open your SIS account
You can apply for a SIS account via the application form here .
Let us do the hard work
To help make the best decisions for you, we recommend you speak to us before applying. If you’re already a Media Super member, the balance of your existing Media Super account can be transferred straight across. We’ll even help with the paperwork.
Once your SIS has commenced
We'll send you a welcome pack. In it will be notification that your account has been opened and your first regular payment will commence from the date specified in your application.
Keeping track of your account is easy with your secure online account, where you can review and manage your:
Frequency of your regular payments.
Can I add additional funds to my SIS account?
Unfortunately, this is not possible once your SIS account has commenced. In order to add additional funds to an existing SIS, a new SIS account must be opened and your existing account will be closed.
If you need to do this please call and speak with Advice Services. It’s at no additional cost and our advisers can help you understand your options.
Advice Services are ready to take your call from 8:30am to 6pm Monday to Friday (AEDT/AEST), Call us on 1800 640 886 (option 4) to get the ball rolling.