{
  "url": "https://openlegislation.uk/police-pensions-regulations-2015/regulation-120",
  "json_url": "https://openlegislation.uk/police-pensions-regulations-2015/regulation-120.json",
  "legislation": "uksi/2015/445",
  "legislation_title": "The Police Pensions Regulations 2015",
  "legislation_url": "https://openlegislation.uk/police-pensions-regulations-2015",
  "path": "regulation/120",
  "kind": "regulation",
  "number": "120",
  "heading": "Options under this Chapter",
  "text": "The options under this Chapter are—\n(a) the option under regulation 122 to buy out the early payment reduction;\n(b) the option under regulation 123 to defer payment of a retirement added pension;\n(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.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/445/regulation/120",
    "retrieved_at": "2026-10-28T23:45:30.636565+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}