Between age 55 and 60

An application to exchange some or all of a pension for a lump sum that commences or is due to commence on or after age 55 must be made within the six months immediately before or after your pension commencement date. 

If you have not made an application before your 60th birthday, you have a second chance to apply within the six months following your 60th birthday. 

If your pension commencement date is after age 60 and you do not apply within six months of that pension commencement date, there is no further option to commute. 

For more information, please refer to SSS Fact Sheet 14: Exchanging your pension for a lump sum.