When are benefits paid?
Generally, you'll be able to withdraw from your super when you've:
- reached your preservation age, stopped an employment arrangement and retired permanently from work, or
- reached the age of 60 and stopped an employment arrangement either on or after turning 60 years, or
- reached the age of 65.
Your super benefits may be paid to your beneficiary(s) in the event of your death.
In certain situations, you may able to access your super before retirement.
Preservation age
Preservation age is the Government-specified age at which you can gain access to your superannuation benefits, provided you have permanently retired from the workforce.
Under current law, preservation age varies according to your date of birth.
When were you
born?
Preservation age
Before 1 July 1960
55
1 July 1960 - 30 June 1961
56
1 July 1961 - 30 June 1962
57
1 July 1962 - 30 June 1963
58
1 July 1963 - 30 June 1964
59
After 30 June 1964
60