The major superannuation conditions of release that are used by members to be able to access some or all of their superannuation savings include:
- Attaining age 65;
- Termination of an employment arrangement after reaching age 60;
- Permanent retirement after reaching preservation age;
- Reaching preservation age (where not yet permanently retired, benefits will be available through a restricted income stream, commonly referred to as a ‘transition to retirement’ pension).