Make a withdrawal

To withdraw funds from your pension account, there are certain criteria set by the government that you will need to meet. 

You can make a lump sum withdrawal from your pension account:

  • if you’re 65 or over;
  • if you’re between preservation age and 64 and have permanently retired;
  • if you have unrestricted non-preserved benefits*; or
  • if you’re between 60 to 64, but changed employers after turning 60.

Download

Fill in

Complete all mandatory fields.

Submit

Send your completed form to Mine Super Locked Bag 2020 Newcastle NSW 2300.

Deposit

We’ll process your withdrawal within five business days of receiving your request. 

 

Things to consider

  • Lump sum tax may apply to cash withdrawals.
  • Higher tax rates may apply if you’re under preservation age. 

If you’re unsure, don’t forget we’re here to help. You can give us a call on 13 64 63 or email help@mine.com.au

If your needs are more complex we can put you in touch with a financial adviser from Mine Super Financial Advice. 

* In this case, you can only withdraw the unrestricted non-preserved portion of your account. However if your preserved benefit is less than $200, you may withdraw the full amount.