Non-commutable definition
Non-commutable means that it cannot be converted back into a lump sum (except in limited circumstances). Please refer to page 8 for further details.
Non-commutable means that in general this pension cannot be converted into a lump sum and must be taken as a series of periodic payments.
Non-commutable. , which means you can’t make a lump sum cash withdrawal until you reach 65 or meet another condition of release.