ill heatlh army pension and mod ill health pension (can i get another lump sum?)

flora2022

hi first of as i am newbie to the forum  just like to say hi to all...

my questions goes as  follows,i have a army ill health  pension and a mod ill health pension  both very little ,i recieved a lump sum from each back at the begining morethan 10yrs ago

as i  have just over a year until reach 60 yrs old can i take more money/lump sums /all out of any of these 2 pensions.would come in very handy  for daughters uni fees.

thanks in advance

marcia_

flora2022 said:

hi first of as i am newbie to the forum  just like to say hi to all...

my questions goes as  follows,i have a army ill health  pension and a mod ill health pension  both very little ,i recieved a lump sum from each back at the begining morethan 10yrs ago

as i  have just over a year until reach 60 yrs old can i take more money/lump sums /all out of any of these 2 pensions.would come in very handy  for daughters uni fees.

thanks in advance

 Why would you spend your pension in uni fees when daughter can get a loan? 

xylophone

my questions goes as  follows,i have a army ill health  pension and a mod ill health pension  both very little ,i recieved a lump sum from each back at the begining morethan 10yrs ago

There is a possibility of commutation of a pension already in payment but you would have to check with the administrator of each scheme as to whether you met rules/requirements.

https://www.litrg.org.uk/tax-guides/pensioners/how-do-i-cash-my-small-pension#:~:text=If a trivial commutation lump,when you can receive it.

Marcon

flora2022 said:

hi first of as i am newbie to the forum  just like to say hi to all...

my questions goes as  follows,i have a army ill health  pension and a mod ill health pension  both very little ,i recieved a lump sum from each back at the begining morethan 10yrs ago

as i  have just over a year until reach 60 yrs old can i take more money/lump sums /all out of any of these 2 pensions.would come in very handy  for daughters uni fees.

thanks in advance

If you contact the administrators of the the schemes they will be able to confirm the position for you.

Silvertabby

What exactly do you mean when you say MOD pension, in addition to your Army pension?  Is this a Civil Service pension?

As for your Army pension, were you invalided out on an immediate pension, or did you apply for your deferred pension to be brought into payment early on ill health grounds, having perhaps joined the civil service after leaving the Army?

When did you leave the Army?  Being a member of AFPS75, or one of the later versions, may have some relevance.

gnr2461

dont live in the uk so hence the reason i mentioned to help  uni fees for our  daughter
my mod pension (small) is a civil service pension which i took on ill health after leaving the cs mid 90s
my army  pension (small) is  the same  took   same time as csp mid 90s later after leaving the army  both due to ill health and not related to army injuries.
overall i  was just wondering if  it was possible to take more out the pots.
thanks

Silvertabby

gnr2461 said:

dont live in the uk so hence the reason i mentioned to help  uni fees for our  daughter
my mod pension (small) is a civil service pension which i took on ill health after leaving the cs mid 90s
my army  pension (small) is  the same  took   same time as csp mid 90s later after leaving the army  both due to ill health and not related to army injuries.
overall i  was just wondering if  it was possible to take more out the pots.
thanks

In that case no. I'm sorry, but it's not possible to take any further lump sums from these pensions.