PART 7Retirement benefits

CHAPTER 6Payment options

Options under this Chapter120

The options under this Chapter are—

a

the option under regulation 122 to buy out the early payment reduction;

b

the option under regulation 123 to defer payment of a retirement added pension;

c

the option under regulation 124 (option to commute part of pension) to exchange part of a full retirement pension or ill-health pension for a lump sum.