Working in retirement

'Working in retirement' covers the different scenarios that prospective Australian retirees may face when considering retirement.

An increasing number of retirees are combining part-time work and taking a superannuation pension, and possibly also receiving a part Age pension. Retirement is a fluid concept that may or may not involve ceasing full-time work.


If you're under the age of 65 and wanting to access super benefits, then 'retirement' generally involves ceasing full-time employment and making a retirement declaration, unless you intend to start a transition-to-retirement pension or you have unrestricted non-preserved super benefits. If you're under 65 and you decide to retire, then you can still return to work if your circumstances change, or you genuinely change your mind. If you're under the age of 65, then you can make super contributions whether you're fully retired, working part-time or working full-time.

If you're aged 65 or over, then you don't have to retire to access your super benefits (in nearly all cases). If you're aged 65 or over, then you must satisfy a work test if you wish to contribute to a super fund.

Set out below are all SuperGuide articles explaining Working in retirement.

Cashing in on the co contribution rules (2014/2015 year)   Super Guide

The federal government is giving away money to anyone who makes a non-concessional (after-tax) contribution to their super fund, and who earns less than $49,488 a year (for the 2014/2015 year). The tax-free giveaway is officially called the co-contribution scheme.

Super concessional contributions: 2014/2015 survival guide   Super Guide

Superannuation contributions can be divided into two types — concessional (before-tax) and non-concessional (after-tax). Each type of super contribution is subject to a contributions cap.

Your 2014/2015 guide to non concessional (after tax) contributions   Super Guide

Non-concessional contributions are more popularly known as after-tax contributions. Such contributions are subject to a contributions cap, which sets a limit on the amount of after-tax contributions that you can make in one year.

Tax deductible super contributions: Meeting the 10% income test   Super Guide

Q: I work for myself but I also have a part-time job. I have been told that even though I receive SG from my part-time employer, I can also make tax-deductible super contributions. Is that true? And if it is true, how does it work?

Superannuation Guarantee: What is the maximum SG employers must pay?   Super Guide

Can you please confirm what the maximum SG contribution is allowed to be for the 2014/2015 year, based on $270,000?

Non concessional contributions: Tread carefully when aged 63 or 64 or 65 (3 Q & As)   Super Guide

Q: I am 64 and want to take advantage of the bring-forward rules when making non-concessional contributions. I turn 65 sometime during the 2014/2015 financial year.

Super contributions: Beef up using a bring forward   Super Guide

Q: Under the 2-year bring-forward of non-concessional contributions, if a person makes an after-tax contribution of $150,001 when age 64 during the 2013/2014 year, can he continue to contribute the balance of the $450,000 anytime during the next 2 years without having to satisfying the work test?

Turning 65: Maxing out the after tax contributions cap   Super Guide

Q: If you turn 65 and retire after 1 July 2013, can you still make the $450,000 bring-forward non-concessional contribution as long as you make the contribution before 30 June 2014? Or do you have to satisfy the work test to do so?

Super contributions: Turning 65 part way through the year   Super Guide

Q: I turned 65 in January 2014. So I was 64 years of age for a large part of the 2013/2014 financial year, but of course I turned 65 during the 2013/2014 financial year, that is, in January 2014.

For over 65s: Ten super tips when making contributions   Super Guide

You can make superannuation contributions up to the age of 74, and these can be concessional (before-tax) or non-concessional (after-tax) contributions. If you’re aged 65 or over, then you must satisfy a work test if you intend to make super contributions.