As you may recall, we wrote to you in May regarding your pension payment and the amount you wished to receive in the 2010/11 financial year. In this letter, we mentioned that the Governments temporary pension drawdown relief was due to expire on 30 June 2010. On 30 June 2010, the Gillard Government announced that the pension drawdown relief will continue for the 2010/11 financial year. Amendments to the regulations were made on 21 July 2010 to implement the measure. As we wrote to you about your 2010/11 pension payments prior to the latest announcement, we appreciate that you may have made financial decisions based on that information. We will therefore be proceeding with our stated course of action to revert your pension payments to the standard legislated minimum amount.
