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Part I Commutation of Pensions

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  1. 1Paragraph 1
  2. 2Maximum commutation for Members (including those retiring on grounds of ill-health)
  3. 3Maximum commutation for Members on early retirement
  4. 4Maximum commutation for office holders (including those retiring on grounds of ill-health)
  5. 5Maximum commutation for office holders on early retirement
  6. 6Earnings cap
  7. 7Class B and Class C Participants