Part BPersonal Awards

Commutation—small pensionsB8

1

Where the annual amount of any pension payable under this Part to a regular policeman who has attained state pensionable age, together with any increase under the Pensions (Increase) Acts, does not exceed £104, the police authority may, at their discretion, commute the pension for a gratuity.

2

A gratuity under this Regulation shall be of such amount as is the actuarial equivalent of the pension, calculated from tables prepared by the Government Actuary.

3

Where the regular policeman is entitled to more than one pension, those pensions shall be treated as one for the purposes of this Regulation.

4

This Regulation has effect subject to Regulation J1(6)(a) and paragraphs 8(11) and 9(4) of Part I of Schedule J.