Superannuation Eligibility For …
Mar 09
2011
2011
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Eligibility for access to preserved benefits depends on a worker’s preservation age. The announced changes in 1997 to the Sydney Superannuation system designed to induce Australians to stay in the workforce for a longer period of time, delaying the effect of population ageing. Previously, any Australian could access their preserved benefits once they reached 55 years of age. However, after legislation was passed in 1999, an employee’s preservation age depends on their date of birth.
