This definition applies to all payments.
CPSB are superannuation benefits to which income support recipients are denied access until retirement after age 55 UNLESS:
Explanation: The provision first appeared in the Occupational Superannuation Standards Act, since replaced by the Superannuation Industry (Supervision) Act 1993.
Policy reference: SS Guide 4.8.2.20 Early Release of Superannuation
_______________________________________________________
Last reviewed: 6 December 2010