The amount of the Retirement bonus paid to you will appear on your existing account exit statement and will form part of your transfer amount to your eligible retirement pension account. If you start an eligible retirement pension account from a partial withdrawal, your retirement bonus will be shown on your annual statement of the account you took the partial withdrawal from. The amount of your Retirement bonus (or your transfer amount, if you are making a partial withdrawal from your account to start your eligible retirement pension) may be reduced if it would cause the total used to purchase your eligible retirement pension to be greater than the ‘transfer balance cap’ (refer to the
Vision Income Stream PDS for information about the transfer balance cap). If your eligible retirement pension is closed within 12 months of receiving the Retirement bonus (other than in the case of your death), we will deduct half the bonus amount from your pension account balance prior to its closure. If your eligible retirement pension is closed within the cooling off period (other than in the case of your death), we will deduct the full amount of the Retirement bonus amount from your pension account balance prior to its closure.