Lump sum commutation

Last edited: May 13, 2026 Published: Apr 23, 2026

Guidance on calculating the capital value of a member’s accrued rights, for the purposes of determining the maximum lump sum the member may take at retirement.

DatedOperative dateDocument(s)Extant?
August 2015N/AConsolidated working copyNo
26 March 20141 April 2014Guidance
Covering letter
Amendments – Nov 2014 (see section 3)
Yes

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