This allows retirees the option to manage income payments differently during times of uncertainty.
| Age at 1 July 2021 | Temporary Minimum Drawdown rates (until 30 June 2022) | Default minimum drawdown rates (from 1 July 2022) |
| Preservation age to 64 | 2.0% | 4.0% |
| 65 to 74 | 2.5% | 5.0% |
| 75 to 79 | 3.0% | 6.0% |
| 80 to 84 | 3.5% | 7.0% |
| 85 to 89 | 4.5% | 9.0% |
| 90 to 94 | 5.5% | 11.0% |
| 95 and under | 7.0% | 14.0% |
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