PET - Plain English Taxonomy

Name: BenefitTypeDimension
Label: Benefit Type Dimension
TREF ID: DM549
Type: Predefined
Description:
This dimension categorises the reported data according to information based on the type of benefit applicable.
Usage:

Dimension Members
Name Label TREF ID Description
AccruedBenefit Accrued Benefit DV6978
The reported information relates to the benefits to which members have an absolute or potential entitlement on. Includes: Any amount that would be payable out of those benefits to the member's spouse or former spouse under a payment split.
MinimumBenefit Minimum Benefit DV6976
The reported information relates to a member's minimum benefit that is required to be paid.
NonParticipatingBenefit Non Participating Benefit DV6081
The reported information relates to policies providing non-participating benefits. Non-participating benefit has the meaning given in the Life Act.
ParticipatingBenefit Participating Benefit DV6083
The reported information relates to policies providing participating benefits.Participating benefit has the meaning given in the Life Act.
VestedBenefit Vested Benefit DV6977
The information reported is in relation to the benefit payable to a member if the member voluntarily terminated service with their employer and/or withdrew membership from the fund. This includes allowances for any options the member could exercise where the option is consistent with the funding calculation.