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<p>The Government accepts in full the Pension Ombudsman’s recent determination regarding
commutation factors used to calculate lump sum payments for certain firefighters and
police officers. It also recognises that there are other individuals who are affected
by the principles set out in this determination, and is working with pension administrators
to identify these and ensure that appropriate payments are made as quickly as possible.
The Government Actuary’s Department is preparing detailed guidance for administrators
to aid them in calculating the amounts owed. They intend to issue this guidance, as
well as tables of revised commutation factors, to administrators in the near future.
At this point, they will also be made available online.</p>
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