# The Police Pensions Regulations 2015, Regulation 120: Options under this Chapter


The options under this Chapter are—
(a) the option under regulation 122 to buy out the early payment reduction;
(b) the option under regulation 123 to defer payment of a retirement added pension;
(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.

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Source: https://www.legislation.gov.uk/uksi/2015/445/regulation/120 (the official version)
Page: https://openlegislation.uk/police-pensions-regulations-2015/regulation-120
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.