To access your super savings, generally you need to have permanently retired from work or have reached your preservation age.
Your preservation age is 55 if you were born before 1 July 1960. Higher preservation ages apply to younger people.
| Date of birth |
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 1 July 1964 |
60 |
Start a pension
An account-based pension is a great way to get an ongoing income, as well as flexibility of having income payments and being able to make lump sum withdrawals.
An AustralianSuper Pension gives you a regular income paid into your bank account. You can also combine the AustralianSuper Pension with the Government Age Pension to get a higher retirement income. The benefit of this is that your pension is treated favourably under the income test for the Age Pension and your money is invested in a tax-free environment.
You don’t have to be retired to start an AustralianSuper Pension. If you’re over 55, you can access some of your super by opening a Transition to Retirement pension.
Why not try the Pension calculator and see how long your money will last?
How to make a lump-sum withdrawal
To withdraw your super as a lump sum, you can either:
- Download and complete the application form in the Pension Member Guide
- Call us on 1300 300 273 weekdays between 8.00am and 8.00pm (AEST) and we’ll send you:
- A quote of your account balance
- An application form.
If you call and request an application form, you’ll then need to complete and return it along with any documents requested, including your proof of identity.