# The National Health Service Pension Scheme (Additional Voluntary Contributions) Regulations 2000, Paragraph 7: Commutation of the whole of pension credit benefit at normal benefit age


(1) A pension credit member shall be entitled to the commutation of the whole of his pension credit benefit at normal benefit age in the circumstances described in sub-paragraph (2).
(2) The circumstances described in this sub-paragraph are—
(a) the pension credit member is suffering from serious ill health at normal benefit age; or
(b) the total benefits payable meet the requirements of regulation 12 of the 2009 Regulations.
(3) In the case of a pension credit member to whom this paragraph applies, the Secretary of State may realise the investments made under paragraph 2 without purchasing an annuity and the proceeds shall be payable to the pension credit member as a lump sum.
(4) In this paragraph “serious ill health” means ill health which is such as to give rise to a life expectancy of less than one year from the date on which the payment of the pension credit benefit of the pension credit member is applied for.

---
Source: https://www.legislation.gov.uk/uksi/2000/619/schedule/2/paragraph/7 (the official version)
Page: https://openlegislation.uk/national-health-service-pension-scheme-additional-voluntary-contributions-regulations-2000/schedule-2/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.