If you are a public sector executive who deferred their benefit without ceasing employment, you can elect to have the actuarially calculated transfer value of your deferred benefit rolled over to another superannuation scheme at any time while you remain an executive officer.

From age 55, an application for a deferred pension can be made after you have ceased employment with the public sector employer that gave rise to the deferred benefit. However, you may not be able to receive the preserved component of your pension at that time until you meet one of the Commonwealth Government's conditions of release.