Meeting condition of release after aged 60

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(Newbie)Newbie

17 Jan 2024

I am aged 62 and have concurrent employment with Qld Health across 2 different Health Districts/Departments. Would I meet Condition of Release by resigning from my main job and continuing part time in the secondary position? (I would like to access a lump sum but retain my leave entitlements which can be transferred between positions. ) I have read that the Employee/employer relationship needs to cease, how does this apply in big government organisations where there are multiple 'employers' within an underlying single gov entity?

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YEP

(Devotee)Devotee

17 Jan 2024

Bruce is correct.

Apply for Administrative Binding Advice from the ATO, its the only way to get a concrete answer in writing that is binding on the ATO even if they get it wrong.

https://www.ato.gov.au/about-ato/ato-advice-and-guidance/ato-advice-products-rulings/administratively-binding-advice

If you phone the ATO and they give you incorrect information you will be the one that will pay for their mistake.