Limited Pension

This may be similar to a life expectancy pension, as it can be paid for a fixed term and does not provide access to the RBL. However there are no restrictions on any minimum term of payment or commutability.

The only significant restrictions are that pension payments cannot increase faster than the CPI increases averaged over the last 3 years, and that it cannot be commuted for a greater value than what is was assessed for against your RBL.