Reasonable benefit limits (RBLs) - Qualifying portions

Where the current benefit is: an eligible termination payment (ETP), or a pension that does not meet the pension RBL standards, or an annuity that does not meet the pension RBL standards; If A > (50% of B) or (C + D) <= the lesser of [50% of (A + C + D)] or (50% of B) the pension RBL will apply to the benefit. If this is not the case, the lump sum RBL will apply. 2. Where the current benefit is: a pension that does meet the pension RBL standards, or an annuity that does meet the pension RBL standards; If A > (50% of B) or (A + D) >= the lesser of [50% of (A + C + D)] or (50% of B) the pension RBL will apply to the benefit. If this is not the case, the lump sum RBL will apply.