PSS’s pension administration services relate to allocated pensions, account based pensions, transition to retirement pensions and market linked pensions.
Calculation of purchase price at commencement of pension
Calculation of tax free and taxable components
Preparation and lodgement of TFN declarations
Registration of SMSF for PAYG withholding where necessary
Declaration of retirement
Preparation of minutes in relation to commencement of pension
Preparation and lodgement of PAYG payment summaries
Re-calculation of pension payments as at 1 July each year
