EDWARD VS PANINYA (Eng Sub) [Fullmetal Alchemist Brotherhood] - Duration: 3:10. Arash Afkhami 624,010 views
DEFINITION of 'Commuted Value'. The present value of the future series of cash flows required to fulfill a pension obligation. Commuted value is therefore the net present value of a future financial obligation. This value can be computed mathematically assuming a given rate of interest.
Funds held in a these types of pension arrangement can be commuted for a small lump sum if: 1  the individual is at least age 55 or is taking benefits at an earlier age through ill-health or because they have a protected pension age. 2  the small lump sum payment does not exceed Â£10,000.