PET - Plain English Taxonomy

Attribute: OI11713
Concept:
Label: Members accounts of benefit payments
Concept Guidance:
This is the number, during the relevant period, of distinct entries recorded in the register of member accounts (or other equivalent mechanism). 
Form-Specifc Guidance:
In item 1, report the number of accounts which had a lump-sum benefit paid during the period by condition of release type and in item 2, report the pension benefit accounts opened during the period by condition of release type.
Dimensions
Dimension Member Description
(UnrestrictedNonPreservedBenefits)
This dimension categorises the reported data according to types of conditions of release.
The information reported is in relation to unrestricted non-preserved benefits, within the meaning given in the Superannuation Industry (Supervision) Regulations.
(LumpSumBenefitPayment)
This dimension categorises the reported data according to the types of movements in members' benefits liability.
The information reported is in relation to benefit payments that have been paid as a lump sum under a condition of release, from pooled superannuation trust arrangements or classed as another benefit payment type. Includes insurance claims benefits or proceeds first credited to members' accounts and subsequently disbursed along with members' benefits to member or beneficiary as a lump sum benefit payment.