LUCRF Retirement Pension

LUCRF Super was established in 1978 to provide for the retirement needs of members employed within a wide range of industries. The fund is a public offer fund and allows members from all industries to apply for membership. LUCRF Retirement Pension was established in 2007, with a minimum initial investment of $10,000 required to commence membership. LUCRF Retirement Pension offers an investment menu of 5 diversified options and 5 single sector options. The Balanced option underperformed the relevant SuperRatings Index over all assessed time periods to 30 June 2019.Fees are lower than the industry average across all account balances assessed. The fund does not charge a buy-sell spread or a switching fee.LUCRF Retirement Pension offers good pension flexibility, with members able to select from weekly through to yearly payment frequencies. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Members can also select from reversionary pensions, binding death nomination and non-binding lump sum death benefits.LUCRF Super offers access to free consolidation and lost super search services, as well as member education programs and a mobile app. The LUCRF Community Partnership Trust continues to be actively involved in numerous community projects across Australia that reflect the core values of LUCRF, its employers and members.