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  1. NHS Pensions
  2. Pensions Member
  3. Retirement
  4. Pension Commutation i...
  5. General

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General

  • When can I commute my pension and what is the maximum lump sum I can take?

  • Do I have to commute part of my pension?

  • I am a member of the 1995/2008 and 2015 Scheme; can I choose to commute some pension for a lump sum or additional lump sum from one and not the other?

  • If I am a 2008 optant, do I have to take a lump sum?

  • If I commute some of my pension for a larger lump sum on retirement, how much will this cost?

  • If I commute some of my pension for a larger lump sum on retirement, how would this affect the benefits payable on my death?

  • Is there a facility for me to calculate my benefits if I opt to commute part of my pension?

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