The factors for commutation of small pensions and death benefits are required under the following rules of the 1992 scheme and the 2006 scheme (which includes special members)
Rules B8, E5 and E4 of the 1992 scheme (SI 1992/129)
Rule 10 of Part 3 and Rule 5 of Part 4 of Schedule 1 to the 2006 scheme (SI 2006/3432)
The factors dated 28 July 2023 should be read in conjunction with the guidance notes dated 30 January 2020.
| Dated | Operative Date | Document |
| 28 July 2023 | 28 July 2023 | |
| 30 January 2020 |
FPS 1992 and 2006 Trivial Commutation and Capitalisation for Death Gratuities - factors and guidance (PDF, 17 pages, 657kb) |
|
| 18 February 2019 | 18 February 2018 |
FPS 1992 and 2006 Updated tables of factors (xlsx, 19.3kb) |
| 2 December 2014 |
FPS 1992 and 2006 Trivial Commutation factors (PDF, 3 pages, 24kb) |
|
| 2 December 2014 |
Fire factor review (PDF, 17 pages, 57kb) |
|
| 3 January 2012 |
Trivial Commutation and Capitalisation for Death Gratuities (PDF, 11 pages, 121kb) |
GAD Guidance dated 30 March 2015 to be used for the commutation of small pensions as set out in regulation 167 of the 2015 scheme regulations.
The factors dated 28 July 2023 should be read in conjunction with the guidance notes dated 30 January 2020.
| Dated | Operative Date | Document |
| 28 July 2023 | 28 July 2023 | |
| 30 January 2020 |
FPS 2015 Commutation of Small Pensions - factors and guidance (PDF, 12 pages, 397kb) |
|
| 18 February 2019 | 18 February 2019 |
Updated tables of factors - FPS 2015 (xlsx, 19.2kb) |
| 30 March 2015 |
FPS 2015 Commutation of Small Pensions (PDF, 10 pages, 103kb) |