Alert Our phone lines are currently experiencing very high call volumes. Our faqs may hold the answer you're looking for Frequently asked questions

Withdrawing your benefit

There are a number of ways you can withdraw your super in retirement. How you access your money will depend on your specific circumstances. We can help you find what option is right for you.

Looking to withdraw your super? It’s easy. 

To claim and withdraw your MilitarySuper benefit, please fill out a benefit application form. Your form will outline your eligibility conditions and provide instructions.

When must I complete my application?

Within three months, either side, of your discharge or retirement date.

What is the normal processing time?

Our standard processing time is 10-15 business days from the later of;

  • the date we receive your completed application; or
  • date of discharge 

Payment information

  • Payment can only be made to a bank account in Australia
  • The nominated account must be in your name (it may be a joint account)
  • Pension paydays are the alternate Thursday to Defence paydays
  • Pension deductions are limited to tax, Medicare and child support
  • Your first pension increase will relate to the six month CPI period in which you commence your pension. Your increase will depend on the number of months you were receiving a pension during this time. The first month we count is the first month in which you received a pension for at least half of that month.

Daily unit price

  • Any amount paid out of MilitarySuper will be determined based on the daily unit price applying on the later of the day after you discharge and the day after your completed application (with all required information for processing) is received
  • Please check daily unit prices when you submit your benefit application

Share this article

Next, I'd like to know more about...

Discharging

All you need to know about discharging from service

Read more

Retirement

The information and inspiration you need to make the most of your retirement.

Learn more

Invalidity Retirement

Invalidity retirement benefits may help support you if you’re forced to retire early from the workforce.

Read more