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.
Oceania has traditionally been divided into four parts: Australasia (Australia and New Zealand), Melanesia, Micronesia, and Polynesia. As recently as 33,000 years ago no human beings lived in the region, except in Australasia.