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Your Retirement Bonus just got bigger

Good news! From 2 March 2026, the Retirement Bonus goes up from 0.65% to 0.70%.[M6]
Retire couple laughing

Helping you retire with more

Join 16,000+ members who’ve already received over $25 million in bonuses. From 2 March 2026, the Retirement Bonus[M6] goes up from 0.65% to 0.70%, giving you more to spend on the things you love.

Open a Retirement Income account[M5] and, if you’re eligible, it’s automatically added to your balance.

Account Balance used for calculation Retirement Bonus
$250,000 $1,625

$500,000

$3,250

$1,000,000

$6,500
$1,500,00 $9,750

$1,900,000

$13,000 max.

How it works

  1. Calculate your bonus to see what you could get.^
  2. Open a Retirement Income account
  3. Get your Retirement Bonus automatically when you transfer your balance, provided you’re eligible.

Are you eligible?

To be eligible for the Retirement Bonus, you need to:

  • Be 60 years of age or older
  • Have held an eligible account for at least 12 months before or on 1 March 2026, or for at least 6 months on or after 2 March 2026
  • Open a Retirement Income account with a minimum transfer of $20,000 from your Future Saver or Retirement Transition account
  • Have money invested in any investment option other than Cash or Term Deposits

With a Retirement Income account, you can:

  • Enjoy tax-free earnings and withdrawals[M5]
  • Choose how often and how much you pay yourself –fortnightly or monthly – so it feels just like pay day
  • Take out lump sums for big-ticket items
  • Stay invested instead of having your retirement savings in a low interest bank account
  • Need help with your application form? Our team of experts is here to help you complete your form, or validate it for your peace of mind.    
Mature man smiling playing chess

The Retirement Bonus is calculated as a percentage of your opening balance. These numbers in the table are a guide so you can see approximately how much you might be eligible to receive.

Account Balance
 
Retirement Bonus
0.65%
New Retirement Bonus*
0.70%
$250,000 $1,625 $1,750

$500,000

$3,250 $3,500

$750,000

$4,875 $5,250

$1,000,000

$6,500 $7,000

$1,250,000

$8,125 $8,750

$1,500,000

$9,750 $10,500

$1,950,000

$12,765 $13,650


*New Retirement Bonus effective 2 March 2026. This table is a guide only. To find out how much you could receive, log into Member Online and go to the Retirement Bonus calculator.

1 Subject to current tax laws as at January 2026.

[AD2] Members can get advice about their Aware Super accounts at no extra cost, or advice on their broader needs for a fee.

[M6] Eligibility criteria apply. The payment of the Retirement Bonus is at the discretion of Aware Super. We reserve the right to change or stop offering the Retirement Bonus at any time, without notice. The Retirement Bonus is calculated and applied at the time your Retirement Income account commences and may differ from any estimate you have previously obtained. If you withdraw 50% or more of your Retirement Income account starting balance within 12 months of opening the account, Aware Super reserves the right to deduct the Retirement Bonus from your Retirement Income account. Withdrawals include lump sum payments, rollovers, regular income payments, and one-off income payments.

[A6] Zenith CW Pty Ltd ABN 20 639 121 403 AFSL 226872/AFS Rep No. 1280401 Chant West Awards issued 21st May 2025 are solely statements of opinion and not a recommendation in relation to making any investment decisions. Awards are current for 12 months and subject to change at any time. Awards for previous years are for historical purposes only. Full details on Chant West Awards at https://www.chantwest.com.au/fund-awards/about-the-awards/

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