Back to Manage my super

Coronavirus and your super

Back to Manage my super

Updated 1 July 2020

Coronavirus is challenging us all in many ways. We understand we are living in uncertain times and are having to adapt to a new way of life. Some of you will be worried about the impact on your retirement savings, while others will be worried about losing your job. On top of that, of course, are our shared concerns about the health impacts of the virus. 

Rest is committed to providing you with whatever certainty we can at this time. We are here to support our members. This webpage will be updated regularly with the latest facts and information as it emerges. 

Please check our FAQs for answers to commonly asked questions on how the coronavirus might impact to your super.

Applied for early access to super?

We are absolutely focused on helping our members in financial distress by completing payments and appreciate your patience. Learn more about how we’re processing payments for covid-19 early access to super.

Learn more
Icon of Early access to your super

Early access to your super

Learn about your options if you’re in financial difficulty

Find out more
Icon of Your investments

Your investments

Learn what is happening in the market and how it affects your super

Find out more
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Coronavirus and insurance

Learn about what's covered and how to make a claim

Find out more

alert

We are hearing reports that our members are receiving unsolicited phone calls from us about their super. These are fraudulent. Rest will never call you to ask for your personal or financial information or to request a payment.

If you think you’ve been targeted by someone who is trying to access your super early, report it to:

EarlyReleaseofSuperTeam@ ato.gov.au

If you have any concerns or believe you’ve given your details to a scammer, please contact us to discuss the additional security measures you can place on your account.

Changes to pension draw-down rates

When you have an account-based pension you are required to withdraw (or draw down) a minimum amount each financial year. The minimum draw-down rate is a percentage of your account balance, and it changes depending on your age.

The Australian Government has temporarily reduced the draw-down rates for the rest of the 2019-20 financial year as well as the 2020-21 financial year.

View FAQs

 

Coronavirus and your business


If you're an Employer you can find out more about how Rest is supporting you and your employees by clicking here.