The retirement age in the Lump Sum Scheme is age 55.

Members who exit the scheme:



Leaving the public sector before age 55

If you resign from the SA public sector before age 55 you have the following options:

  • cash part of your lump sum entitlement
  • preserve your accrued lump sum entitlement in the Lump Sum Scheme
  • roll your fully preserved entitlement into a complying super fund, such as the Super SA Flexible Rollover Product.

You should also be aware that if choose to cash part of your lump sum before age 55 you will effectively lose part of your Employer Component.

If you wish to take one of these options you must apply within three months of your resignation.

You can only cash the following components of your super when you reach the scheme retirement age of 55:

It’s important you’re aware that any part of your Rollover Account that was subject to preservation before it was rolled into the Lump Sum Scheme will still be subject to Commonwealth Government preservation rules. This means that, depending on your age and circumstances, you may have to wait longer to access this portion of your entitlement.


Preserving your entitlement until age 55

If you choose to leave your super in the Lump Sum Scheme, it will be preserved until you can claim your entitlement at age 55, subject to applicable tax rates which depend on your Commonwealth Government preservation age.

However access to any amounts subject to Commonwealth Government preservation rules remain governed by those rules.


Further information

Use the Benefit Projector in the Secure Access Login Member Area of this website to estimate your potential resignation entitlement.

You should also consider getting some professional financial advice to help you make decisions right for your circumstances.