9.9 Preservation age
'Preservation age' – the age at which preserved superannuation can be accessed by a retired member – varies according to the date of birth of the member.
Under the MSBS a person can access a pension only benefit at age 55 (the option to receive a lump sum is only available after the person reaches their preservation age).
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 |
9.9.1 Superannuation Reviews
Annual reviews should be completed from age 55 and thereafter until the person’s entitlement has been paid or rolled over.
Source URL: https://clik.dva.gov.au/military-compensation-mrca-manuals-and-resources-library/incapacity-policy-manual/9-superannuation/99-preservation-age