{
  "api_version": "2.0",
  "url": "https://retirementwealth.com.au/api/v2/figures/defined_benefit_income_cap.json",
  "schema": "https://retirementwealth.com.au/api/v2/schema/api.json#/$defs/figure_file",
  "docs": "https://retirementwealth.com.au/data/",
  "publisher": "retirementwealth.com.au",
  "scope": "Retirement Wealth provides selected factual information about Australian retirement rules and rates. It does not provide personal or general financial product advice or recommend financial products. Summaries may not cover every condition or exception. Check the linked official sources and obtain advice appropriate to your circumstances before making financial decisions.",
  "figure": {
    "id": "defined_benefit_income_cap",
    "former_ids": [],
    "label": "Defined benefit income cap",
    "category": "super_caps",
    "category_label": "Super caps",
    "concept": "super.defined_benefit_income_cap",
    "kind": "cap",
    "dimensions": {},
    "value": 131250,
    "display_value": "$131,250 a year",
    "unit": {
      "code": "AUD_per_year",
      "plain": "Australian dollars per year",
      "quantity": "money",
      "currency": "AUD",
      "per": "year",
      "per_amount": null,
      "ratio_divisor": null
    },
    "ratio": null,
    "effective_from": "2026-07-01",
    "effective_from_basis": "value",
    "validity": {
      "from": "2026-07-01",
      "to": null,
      "basis": "value",
      "status": "in_force"
    },
    "applies_by": null,
    "resets": "1_july",
    "review_dates": [
      "07-01"
    ],
    "source": {
      "title": "Transfer balance cap",
      "publisher": "ATO",
      "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/transfer-balance-cap",
      "type": "primary"
    },
    "verification": {
      "status": "verified_primary",
      "checked_on": "2026-10-11"
    },
    "notes": "An annual limit on income from capped defined benefit income streams. The ATO says a person aged 60 or over whose capped defined benefit income exceeds the cap may have additional tax liabilities.",
    "conditions": [
      {
        "text": "The ATO says a person aged 60 or over whose capped defined benefit income exceeds the cap may have additional tax liabilities."
      }
    ],
    "exceptions": [],
    "caveats": [],
    "legal_basis": [],
    "derivation": {
      "expression": {
        "/": [
          {
            "var": "transfer_balance_cap"
          },
          16
        ]
      },
      "inputs": {
        "transfer_balance_cap": "transfer_balance_cap_general"
      },
      "basis": "observed",
      "valid_from": "2017-07-01",
      "description": "The general transfer balance cap divided by 16."
    },
    "related": {
      "same_concept": [],
      "inputs": [
        "transfer_balance_cap_general"
      ],
      "used_by": []
    },
    "upcoming": [],
    "first_published": {
      "release": 7,
      "recorded_at": "2026-10-11T09:14:43Z"
    },
    "last_changed": {
      "release": 12,
      "recorded_at": "2026-10-13T08:24:56Z"
    },
    "cite_as": "Defined benefit income cap: $131,250 a year, applies from 1 July 2026. Official source: ATO, Transfer balance cap (last checked 11 October 2026). Retirement Wealth, https://retirementwealth.com.au/rules/super-caps/defined-benefit-income-cap/",
    "links": {
      "self": "https://retirementwealth.com.au/api/v2/figures/defined_benefit_income_cap.json",
      "page": "https://retirementwealth.com.au/rules/super-caps/defined-benefit-income-cap/",
      "current_value": "https://retirementwealth.com.au/api/v2/figures/defined_benefit_income_cap/2026-07-01.json"
    },
    "timeline": [
      {
        "value": 131250,
        "display_value": "$131,250 a year",
        "ratio": null,
        "effective_from": "2026-07-01",
        "effective_to": null,
        "basis": "value",
        "status": "in_force",
        "source": {
          "title": "Transfer balance cap",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/transfer-balance-cap",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/defined_benefit_income_cap/2026-07-01.json"
      },
      {
        "value": 125000,
        "display_value": "$125,000 a year",
        "ratio": null,
        "effective_from": "2025-07-01",
        "effective_to": "2026-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Transfer balance cap",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/transfer-balance-cap",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/defined_benefit_income_cap/2025-07-01.json"
      },
      {
        "value": 118750,
        "display_value": "$118,750 a year",
        "ratio": null,
        "effective_from": "2023-07-01",
        "effective_to": "2025-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Transfer balance cap",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/transfer-balance-cap",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/defined_benefit_income_cap/2023-07-01.json"
      },
      {
        "value": 106250,
        "display_value": "$106,250 a year",
        "ratio": null,
        "effective_from": "2021-07-01",
        "effective_to": "2023-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Transfer balance cap",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/transfer-balance-cap",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/defined_benefit_income_cap/2021-07-01.json"
      },
      {
        "value": 100000,
        "display_value": "$100,000 a year",
        "ratio": null,
        "effective_from": "2017-07-01",
        "effective_to": "2021-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Transfer balance cap",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/transfer-balance-cap",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/defined_benefit_income_cap/2017-07-01.json"
      }
    ]
  }
}