Issue

When Establishing Pension, the tax free percentage is lower than I expected. Why?

Example:

The tax free is $126,319.96, but I was expecting $142,287.82.

Cause

There are Unutilised Tax Free Components which are carried from the previous year. 

Refer to knowledge article,  Member Transaction Detailed Report - Unutilised tax-free component - Allocated losses and expenses for further information.