PART 7Retirement benefits
CHAPTER 6Payment options
Options under this Chapter118
The options under this Chapter are—
a
the option under regulation 120 to buy out the early payment reduction;
b
the option under regulation 121 to defer payment of a retirement added pension;
c
the option under regulation 122 (option to commute part of pension) to exchange part of a full retirement pension or ill-health pension for a lump sum;
d
the option under regulation 130 to exchange the whole of the members' accrued pensions for a lump sum.