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 Pension

means a periodic payment payable to a member on retirement at least annually for the lifetime of that member.- The Pensions (Superannuation Funds and Retirement Schemes) Act 2006

 Pension benefit

means in relation to a member of a pension plan the entitlement of a member or of another person upon the death of the member to the periodic amounts provided under the pension plan.- The Pensions (Superannuation Funds and Retirement Schemes) Act 2006

 Pension plan

means an arrangement by which pensionsor pension benefits are provided to persons who are members or to the beneficiaries of such members.- The Pensions (Superannuation Funds and Retirement Schemes) Act 2006