It's all about time
When you retire from the SA public sector at or after age 551, you’ll receive a lump sum payment equal to the sum of the following:
There are a number of factor that factors that can affect how your retirement benefit is taxed. See the Tax fact sheet below for more information.
It’s important you are aware that your Co-contribution Account and any part of your Rollover Account that was subject to preservation before it was rolled into Triple S 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.
Use the Triple S Benefit Projector to estimate your potential retirement entitlement.
Before claiming your entitlement you should consider the benefits of investing in the Super SA Flexible Rollover Product or a Super SA Income Stream, so that your money can keep growing as you transition to and throughout your retirement.
You should also consider getting some professional financial advice to help you make decisions right for your circumstances.
1 Retirement age for Police Officers is 50.