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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