RPSM09300170 – Scheme administrator pages: Member benefits: Stand- alone lump sums

Stand-alone lump sum

A stand-alone lump sum is the payment of all the member’s uncrystallised rights under the scheme as a lump sum that is a single benefit crystallisation event.

For such a payment to be an authorised payment, the member must first be entitled to protection for their benefit rights. There are other conditions to meet depending on the circumstances of their protection.

Where the member has enhanced protection, please see page RPSM03303061.

Where the member has primary protection, please see page RPSM03305052.

Where the member has scheme specific lump sum protection, please see page RPSM03304100.