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money-purchase benefits

      1. (1) (except in COMP ) 27(in relation to an occupational pension scheme) benefits the rate or amount of which are calculated by reference to a payment or payments made by a member of the scheme.3
      1. (2) (in COMP ) in relation to a member of a personal pension scheme or an occupational pension scheme or the widow or widower 30or surviving civil partner of a member of such a scheme, means benefits the rate or amount of which is calculated by reference to a payment or payments made by the member or by any other person in respect of the member and which are not average salary benefits.27