Important - smartMonday is making some changes to the administration of the fund in order to deliver improved services to members. If your membership is in PRIME or DIRECT, your account information will be static between 23 March and 22 April 2024.  Click here to read more.

  1. Open a smartMonday PENSION account using the application form.
  2. Confirm the amount you want to receive, and how frequently you receive payments.
  3. Decide if you want to withdraw a one-off amount to get major expenses out of the way.
  • You are permanently retired and have reached your preservation age, or
  • You leave employment at or after reaching 60 years of age, or
  • You are over age 65, or
  • You are permanently incapacitated or terminally ill and rolling in benefits from their super fund.

  • Bucket #1 is used to hold enough money invested in cash, or cash equivalents, to fund your short-term living expenses, say for a year or more.
  • Bucket #2 holds funds for emergency use.
  • Bucket #3 is invested in a diversified mix of growth-style investments.