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Document Why does my Total Reward Statement/Annual Benefit Statement say I cannot commute to a max lump sum?

If you are a member of the 2015 Scheme this is likely to be because you have not yet accrued sufficient benefits in the Scheme for this to be included in your statement.
Should you be entitled to claim your pension you will be allowed to exchange part of your pension for a lump sum, even if this does not yet show on your statement.

If you would like to see what you would get if you chose to exchange some of your pension in return for a lump sum on retirement please use the pension commutation calculator on our website.
lump sum trs, no commutation
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