At retirement or separation of service from the university, you can withdraw this money in lump sum amounts or over time, subject to plan limitations. Before you have retired, you may begin to withdraw this money at age 59Â½.
Oceania is an area in the Pacific. It contains several countries including Australia, New Zealand and many Pacific Islands. Here's a link to Wikipedia's article on Oceania: http://en.wikipedia.org/wiki/Oceania. A continent is one of several large landmasses on Earth.
Australia is the only continent that is also a country. It is not an Island due to its size. Oceania is an area in the southpacific which is comprised of many islands and countries which includes the continent/country of Australia.