Commonwealth Consolidated Acts

SUPERANNUATION ACT 1976 - SECT 59

  (1)   Where a person who has not attained the age of 60 ceases to be an eligible employee by reason of early retirement, then, if the person does not make an election under section   62, he or she is entitled to:

  (a)   standard early retirement pension in accordance with section   60 or paragraph   61AB(4)(a); and

  (b)   if he or she does not make an election under section   64, additional early retirement pension in accordance with subsection   61(1) or (1A) or paragraph   61AB(4)(b); and

  (c)   lump sum benefit (if any) in accordance with subsection   61(2) or paragraph   61AB(4)(c).

  (2)   Payment of benefit to which a person becomes entitled under this section may be postponed under Part   VIB.