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:
- Reaching age 65;
- Termination of an employment arrangement after reaching age 60;
- Permanent retirement after reaching preservation age;
- Reaching preservation age (where not yet permanently), benefits will be available through a ‘transition to retirement’ pension (discussed below).