Apologies if this has been done to death but is it worth using our commutation or is it better to have a larger pension each month? Pro's & Cons of both please if you dont mind. Way I see it is the crown offer an extra £13,672 in my case at 40 but my EDP drops from £10,571 to £7,395. Over 15 years that is £47,640. You get an additional lump of £23,479 at 68 Years old but come on that is quite a change. Seems like a small additional lump sum if you take commutation compared to the extra £3176 a year in the Pension/EDP @ exit.