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Public Sector Superannuation Reform (Parliamentary Superannuation) Regulations 2016
45Lump sum benefit may be taken as allocated pension
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### 45 Lump sum benefit may be taken as allocated pension
> If a member to whom this Part applies or his or her surviving partner is in receipt of a lump sum benefit, he or she may elect to transfer all or part of that benefit –
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> > > (a) to an account in a superannuation fund elected by that member; or
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> > > (b) if an election is not made under [paragraph (a)](#GS23@Gs2@Hpa@EN) within a reasonable period determined by the Commission – to an eligible rollover fund chosen by the Commission.