an individual aged 65 must withdraw 2.5% of his account balance for the 2010/2011 year, rather than 5% under the regular minimum pension payment rules.
The government has now decided to continue the 50% draw down.
Link
http://www.superguide.com.au/diy-superannuation/minimum-pension-payment-relief-2010-2011?utm_source=SuperGuide+Newsletter&utm_campaign=e6a0efc886-June_Newsflash6_30_2010&utm_medium=email
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an individual aged 65 must withdraw 2.5% of his account balance...
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