1. The amount of benefit which is payable to or in respect of the person and any options relating thereto and the procedure for exercising them.
2. The method by which the amount specified in paragraph (1) has been calculated.
3. If the amount of benefit is payable periodically the conditions (if any) subject to which the payment will continue.
4. If a benefit is payable periodically the provisions (if any) under the rules of the scheme whereby the amount payable will be altered.
5. An explanation of the option available to members to take a level pension with no subsequent increases or a lower initial pension which would increase each year during payment.