Commutation of pension in SuperFund
From the Transaction menu tab in SuperFund .
Click on Benefits, New, choose Rollover Transfer Out from the drop-down arrow.
Complete the details in the Benefit window for the pension member that requires commutation.
Click on Save and then Post.
The second part of this process is to click on the Transactions tab.
Click Benefits, New, choose Rollover Transfer In from the drop down arrow and complete the details for member in accumulation.
Click on Save and then Post.
This completes the commutation from Pension to Accumulation account for the relevant member.
Tip: The relevant Member Statement found under Reports tab in SuperFund, will provide the member information to complete information in the Benefits window.