HC Deb 01 December 1965 vol 721 c212W
Miss Quennell

asked the Chancellor of the Exchequer what Government and State pensions are commutable as of right.

Mr. MacDermot

The majority of public service pension schemes provide automatically for the payment of a lump sum in addition to pension. Such provision is not made in the Police Pension Scheme but a regular policeman retiring on ordinary pension with at least 30 years' pensionable service or retired on age or ill-health grounds has the right to commute up to one-quarter of his pension.

Governors may also commute up to one-quarter of the pension subject to the permission of the Secretary of State for the Colonies and the approval of the Treasury.

There are also arrangements for the commutation of pensions for the Fire Service, the Armed Forces and civil servants retiring on abolition of office but in these cases special conditions apply.