P

Pension: A pension is a type of income you might receive in retirement, and may involve putting your super into a product such as Retirement Income, where you would receive a regular pension payments.

Personal Contributions:  These are additional contributions you can make that are over and above the compulsory  SG contributions that your employer must make on behalf. 

Preservation: Is required by Commonwealth Government legislation, and ensures your money is kept in super until your 'preservation age'. Until this age, you will be unable to access your super benefit (other than in certain defined circumstances).