In response to the Covid-19 situation, the superannuation law has been amended to halve the normal drawdown rate for any: 

• account-based pensions (including transition to retirement income streams), 
• market linked pensions (also known as “term allocated” pensions), and 
• allocated pensions 

for both 2019/20 and 2020/21. 

The most common type of pension paid from an SMSF is an account-based pension. With a few very rare exceptions, the relief will apply to all funds paying the above pensions such as SMSFs, industry funds and retail funds, regardless of when the pension commenced.