Super Toolbox
Your beneficiary is the person you nominate to receive your pension in the event of your death. It is important to consider who you would like your pension paid to and the form of this payment. This may be in the form of pension payments or as a lump sum.
Different tax consequences may apply depending on the nomination you make and the ultimate recipient of any benefits on your death.
You can nominate more than one beneficiary and/or a combination of a reversionary beneficiary and other beneficiaries if you choose.
For a detailed description of beneficiaries please refer to the MTAA Super Pensions Handbook