Ignore GMP in Split

This field enables the split between Pre-97 and Post-97 benefit to be done in the correct proportions. Check this box if SuperVal should ignore the GMP when calculating cash proportions. Please note that if this option is chosen then the GMP pension maybe commuted. (This depends on the options chosen and the size of the GMP.) However, SuperVal will still pay the whole of the GMP at SPA. This may overstate the liability.