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When can I start a Transition to Retirement Income Stream (TRIS)?
Broadly, a member can commence a TRIS once they have reached their preservation age (even if they continue to work).
A member’s preservation age is between 55 and 60, depending on when they were born (members born before 1 July 1960 have a preservation age of 55, whereas members born after 30 June 1964 have a preservation age of 60).
|
Date of Birth |
Preservation Age |
|
Before 1 July 1960 |
55 years |
|
Between 1 July 1960 and 30 June 1961 |
56 years |
|
Between 1 July 1961 and 30 June 1962 |
57 years |
|
Between 1 July 1962 and 30 June 1963 |
58 years |
|
Between 1 July 1963 and 30 June 1964 |
59 years |
|
After 30 June 1964 |
60 years |