The Teachers' Pension Scheme Regulations 2014

Commutation of whole pension (serious ill-health)E+W

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171.—(1) This regulation applies to a member (P) who, on the entitlement day for a pension, has a life expectancy of less than a year.

(2) P may apply to the scheme manager to receive a lump sum instead of the pension.

(3) The application must—

(a)be in writing,

(b)be made when P applies under regulation 162 for payment of the pension, and

(c)be accompanied by all the medical evidence necessary for the scheme manager to determine that P is entitled to payment of the lump sum.

(4) If P is eligible to apply under regulation 168 to receive a lump sum under that regulation—

(a)the largest permissible lump sum is to be paid under that regulation; and

(b)the conversion amount under that regulation is to be deducted when calculating the annual rate under regulation 172(2)(a).

(5) In this regulation, “ pension” means—

(a)an age retirement pension and any phased retirement pension payable with it;

(b)an ill-health pension and a total incapacity pension or phased retirement pension payable with it; or

(c)a pension credit retirement pension.