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9.9 Preservation age

Document
Last amended 
15 August 2017

'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.