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Commonwealth and State Law requires that you can access your super benefits
when you reach preservation age and retire.
| Date of birth |
Preservation age |
|
Before 1 July 1960
|
55
|
|
1 July 1960 to 30 June 1961
|
56
|
|
1 July 1961 to 30 June 1962
|
57
|
|
1 July 1962 to 30 June 1963
|
58
|
|
1 July 1963 to 30 June 1964
|
59
|
|
1 July 1964 and onwards
|
60
|
|
Generally all super benefits are preserved other than the following two
categories of benefits.
- Restricted Non-Preserved
- These are all your personal contributions and returns credited to your
account prior to 1 July 1999. Restricted Non-Preserved benefits cannot
be paid until you cease being a Public Sector employee.
- Unrestricted Non-Preserved
- These are super benefits to which no payment restrictions apply. These
are generally benefits that are payable to you but you have voluntarily
decided to keep the money within the superannuation system.
Access to Preserved Benefits
You can access preserved benefits if you:
- are found by the RBF Board to be totally and permanently incapacitated; or
- have been receiving certain Centrelink or Veterans Affairs benefits for a
continuous 26 week period , can produce a Q230 letter from either organisation
and can prove financial hardship; or
- are aged at least 55 years 39 weeks and have been receiving Centrelink or
Veterans Affairs benefits for a cumulative 39 weeks, can produce a Q251 letter
from either organisation and can prove financial hardship; or
- have reached the prescribed preservation age and have retired from the workforce.
It should be noted that access to preserved benefits only applies to RBF-TAS members
and Contributory scheme members who have an RBF Investment Account.
Contributory scheme members without an Investment account cannot access any funds prior
to termination of employment.
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