Conditions of release

You can withdraw some or all of your super if you satisfy one of the conditions of release.

Release of super at retirement age:

  • Reaching preservation age and choosing to access some or all of your super balance as a transition to retirement pension while remaining employed on a full- or part-time basis
  • Permanent retirement from the workforce on or after your preservation age
  • Termination of employment after turning age 60 (without necessarily retiring permanently)
  • Reaching age 65 (whether you are retired or not)

Other conditions under which super may be released:

  • Death (benefits are paid to your dependants or personal legal representative)
  • Permanent incapacity
  • Diagnosis of a terminal medical condition
  • Severe financial hardship
  • Eligibility for approval on compassionate grounds
  • Termination of employment with an employer-sponsor where your preserved amount is less than $200
  • Permanent departure from Australia if you are an eligible temporary resident
  • Satisfying any other condition of release as specified in superannuation law.

In order to access your super due to severe financial hardship and compassionate grounds, you are required to meet conditions set by the Federal Government. Learn more in Early release of super.

In order to access your super on medical grounds, you must satisfy the definitions of Permanent incapacity or Terminal medical condition as defined by the Federal Government. These definitions may be different to the definitions that apply to insured benefits.