Exchange for a
lump sum

Your entitlement to exchange or commute your pension to a lump sum is dependent on which scheme you were a member.

If you are entitled to exchange your pension for a lump sum there are very specific timeframes within which you must act.

This section has been developed to help you understand the restrictions, limitations and timeframes associated with exchanging all or part of your fortnightly pension for a lump sum within each of the schemes.