Glossary

It's important to us to explain the complex topic of the occupational benefit scheme as comprehensibly as possible. However, sometimes we cannot get around using technical terms. In our glossary we explain these technical terms briefly and in a reader-friendly manner.

 

 

Non-linked provision measures

Non-linked provision measures (or unrestricted pension plans) are designated as all personal pension measures taken as defined under Pillar 3b of the three-pillar system. Principal amongst them is life insurance, but they also include investments, the purchase of residential property, and so on.