The Deputy Pensions Ombudsman has rejected a complaint that a member should have received a "compulsory early retirement pension". The member had been given the option of a compulsory early retirement pension or a redundancy payment plus a less generous basic early retirement pension and had chosen the latter option. The member had been free not to sign the form and, as a lawyer, must have understood that if she disagreed with the terms offered her she should not have consented to them.
The DPO also rejected the argument that, in agreeing to changes to compulsory early retirement benefits in 2008, the member had given up a right to a pension, contrary to section 91 of the Pensions Act 1995. What the member had been asked to give up in consenting to the 2008 changes had been a discretionary amount over and above what the scheme rules provided. (Low)