Glossary
Glossary of terms
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Non-vested Member
- means a person designated as such-(a) in the case of an approved superannuation iI) fhd in the Trust Deed and Plan Rules;(b) in the case of an approved retirement scheme in the Master Trust Deed and who is not entitled to receive a pension at retirement.- The Pensions (Superannuation Funds and Retirement Schemes) Act 2006
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Normal Retirement Age (NRA)
- means the age specified as such in the Trust Deed and Plan Rules of an approved superannuation fund or the Master Trust Deed of an approved retirement scheme.- The Pensions (Superannuation Funds and Retirement Schemes) Act 2006
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