PSI8.2.25 - Lump Sum Benefits and Communication: Commutation Factors - Level Pension - ABI Table

(This archived guidance relates to HMRC discretionary practice before the 6th April 2006. For current guidance on Registered Pension Schemes see the Registered Pension Schemes Manual)

Schemes may include this table in their rules. (It has its origin in a variation of the a(55) mortality table and an interest rate of approximately 6½%, as opposed to 6% at PSI8.2.6.) Its use is however optional and Life Offices may still negotiate for agreement of specially designed tables for continued rights members if they wish (see PSI8.2.12(b)).

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