28DCommutation of pensions for adjustment of benefit

#### 28D Commutation of pensions for adjustment of benefit 28D Commutation of pensions for adjustment of benefit > > (1) If a determination reducing a benefit that may be taken in the form of a pension is made under section 26D, the trustees may, at their discretion and with the consent of the member or former member concerned, commute part of the pension to a lump sum for the purposes of payment to the trustees of the amount of the reduction. > > > (2) Commutation of part of a pension under this section— > > > > > (a) does not affect any other right that the member or former member has to commute the pension under this Act, and > > > > > (b) is not to be taken into account for the purpose of determining whether, and to what extent, any such other right may be exercised, and > > > > > (c) is to be done on a basis determined by the trustees for the purposes of this section. > > > (3) The trustees may obtain actuarial advice for the purpose of determining the basis on which part of a pension is to be commuted under this section. > > > (4) This section has effect despite any other provision of this Act. > > **s 28D:** Ins 1997 No 149, Sch 1.2 \[16\].