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Old 7th Nov 2007, 14:16
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Lionel Lion
 
Join Date: Apr 2002
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Since we're on commtation and the JPAC chap is no use! (and I'm a financial thickie, and tried to understand the apfs 75 brochure)

Annual pension = 12000 ish

terminal grant = 3 x 12000 = 36000

max comutation amount is 27000

pension abatement = 3000/annum

Does that mean terminal grant is abated to 27000 (3x 9000) with max commutation or does it stay at 36000

therefore do I get about 9000 a year plus 27+36= 63K lump sum or 27+27=54K lump sum

TVM
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