PART 1Categories of pension scheme
2Defined benefits scheme
A pension scheme is a “defined benefits scheme” if—
a
the scheme provides for all members to be paid retirement income beginning at normal pension age and continuing for life,
b
there is a full pensions promise in relation to the retirement income and any other retirement benefits that may be provided to members,
c
the normal pension age in relation to the retirement income and any other retirement benefits that may be provided to members is fixed, and
d
such other requirements as may be specified in regulations are met.