Pension scheme benefits from previous employments. Sometimes Retained Benefits must be taken in to account in calculating the maximum approvable contributions/benefits to/from the SSAS.

A term used by the Revenue Commissioners to denote retirement or death benefits in respect of the earlier service of an employee with a former employer or an earlier period of self-employment. These may have to be taken into account in computing maximum approvable benefits.

Retirement or death benefits in respect of an employee deriving from an earlier period of employment or self employment. In some circumstances retained benefits must be taken into account in the maximum approvable benefits.