PART 3 BENEFITS FOR PRACTITIONERS ETC.

CHAPTER 3.J MISCELLANEOUS AND SUPPLEMENTARY PROVISIONS

Commutation of small pensions

Commutation of small pensions
3.J.5 (1) The Secretary of State may pay any person entitled to a pension under this Section of the Scheme a lump sum representing the capital value of the pension and of any benefits that might have become payable under this Section of the Scheme on the person’s death apart from the payment if the conditions specified in paragraph (2) are met.
Words in reg. 3.J.5(1) inserted (1.10.2009) by The National Health Service Pension Scheme, Injury Benefits and Additional Voluntary Contributions (Amendment) Regulations 2009 (S.I. 2009/2446), reg. 1(2), Sch. 2 para. 1
(2) The conditions are that the payment complies with the following requirements (so far as apply)—
(a) the contracting-out requirements,
(b) the preservation requirements,
(c) regulation 2 of the Occupational Pension Schemes (Assignment, Forfeiture, Bankruptcy etc.) Regulations 1997,
S.I. 1997/785.
(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Reg. 3.J.5(2)(d) omitted (1.4.2009 with effect from 6.4.2009) by virtue of The National Health Service Pension Scheme and Injury Benefits (Amendment) Regulations 2009 (S.I. 2009/381), regs. 1(2)(3), 80 (with reg. 89)
(e) the lump sum rule (see, in particular, paragraph 7 of Schedule 29 to the 2004 Act: trivial commutation lump sums for the purposes of Part 4 of that Act), and
(f) the lump sum death benefit rule (see, in particular, paragraph 20 of that Schedule: trivial commutation lump sum death benefit for the purposes of that Part).
(3) The lump sum must be calculated by the Secretary of State in accordance with advice from the Scheme actuary.
(4) The payment of a lump sum under this regulation discharges all liabilities of the Secretary of State in respect of the pension in question and of any other such benefits as mentioned in paragraph (1).