The minimum payment requirement for the following pensions in your SMSF has been halved by the Governments on 22/03/2020.
This applies for both 2019/2020 and 2020/2021 financial years.
The reduced rates based on the age of the SMSF member are as follows:
under 65: 2%
95 plus: 7%
If you have already taken more than the reduced minimum payment, you can stop the drawn-down now. You may return some fund in the form of the member contribution if you meet the contribution rules.