There are circumstances when the whole of the member’s pension rights may be commuted.
The conditions for payment of the serious ill-health lump sum are that:
•a registered medical practitioner has certified that the member will not survive 12 months;
•it is payable within the lifetime allowance;
•the serious ill-health lump sum will extinguish all rights of the member under the scheme;
•the arrangement(s) to be commuted are uncrystallised. However, if the member has reached his or her 75th birthday, BCEs 5A and 5B (and any lifetime allowance used by virtue of those BCEs) are ignored for these purposes.