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Document If I retire soon after moving to the 2015 Scheme can I take the 2015 Scheme benefits as a one off lump sum?

HMRC have introduced a new rule whereby if you apply for your 1995/2008 benefits and have a small amount of benefits in the 2015 Scheme you may be able to take the 2015 Scheme benefits as a one off lump sum (trivial commutation). This will only happen when your benefits in the 2015 scheme equate to a one off lump sum of less than £10,000. We will automatically write to you to offer the choice of taking a one off lump sum or have your 2015 Scheme benefits paid as a pension if this applies to you.
 
This will not affect your 1995/2008 benefits at all and these will continue to be processed as normal.
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