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10 Superannuation

Withdrawing from Super

Benefit Payment Standards

The major superannuation conditions of release that are used by members to be able to access some or all of their superannuation savings include:

  • Attaining age 65;
  • Termination of an employment arrangement after reaching age 60;
  • Permanent retirement after reaching preservation age;
  • Reaching preservation age (where not yet permanently retired, benefits will be available through a restricted income stream, commonly referred to as a ‘transition to retirement’ pension).
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