7.1.12 A Pension Commencement Lump Sum (PCLS), which could include a WPS refund and/or an Additional Service Payment (ASP), paid 12 months after the pension is paid, is classed as an unauthorised payment.
Please note: An ASP is paid on retirement to a classic member who continues in service after their pension age, when they have reckonable service in excess of 45 years. The excess reckonable service is used to calculate the amount that is paid.
7.1.13 An unauthorised lump sum payment will be commuted to pension or attract a tax charge. The Scheme Administrator will be responsible for calculating the pension or tax charge.