Tax and National Insuranceoo in Local News Posted January 31, 2021 On 1/26/2021 at 9:34 PM, Banker said: No it’s not right, same as senior civil servants and lots of highly paid private sector seniors taking huge cash commutation on pensions and then withdrawing lump sums each year so they don’t pay tax . Pension tax free lump sums are set at 30%. For everyone. I'm not sure how the above " isnt right"? What are they doing wrong?