In limited circumstances, you may be able to access a portion of your super before you retire on compassionate grounds.
The Department of Human Services (DHS) must be satisfied that your application for early release of superannuation meets the criteria of 'specified compassionate grounds'.
To help pay for medical costs for you or your dependant that are required to treat a life-threatening illness or injury, to alleviate acute or chronic pain, or to alleviate an acute or chronic mental disturbance. APRA must be satisfied that the relevant treatment is not readily available through the public health system.
To assist with the cost of transportation to and from medical treatment for you or your dependant by land, water or air to treat a life-threatening illness or injury, to alleviate acute or chronic pain, or to alleviate an acute or chronic mental disturbance.
Modifications to your home and/or motor vehicle
To fund specific modifications that are necessary to accommodate special needs arising from a severe disability to you or your dependant and which are certified by your doctor.
To assist with funeral and other expenses related to the death of a family member - refers only to your dependant/s.
To provide care for yourself or a dependant who is dying from a terminal illness, including home care.
To prevent your mortgagee (lender) from selling your principal place of residence (in limited circumstances).
Find out more about early release of super in specified compassionate grounds or contact DHS on 1300 131 060 to discuss your particular circumstance.