Sentences with phrase «accessible as a lump»

The withdrawal base is used solely for income calculation and is not accessible as a lump sum value.

This means until the member has satisfied a condition of release with a «nil» cashing restriction, any unrestricted non-preserved benefits of theirs allocated to the TRIS (which would otherwise be fully accessible as a lump sum super benefit) are diminished by the annual pension payments from the TRIS.