Enumeration | Definition |
---|---|
Active | Liabilities in relation to members accruing benefits under that scheme in respect of current service. |
Assets | Assets held by the pension scheme in order to pay future benefits (and/or expenses). |
Deferred | Liabilities relating to the past service of members who are no longer active members but have not yet retired. |
Pensioners | Liabilities in relation to members currently receiving a pension (this includes dependants). |