The products mentioned below are not being sold anymore. You can still find information on them.
The Guaranteed Pension Plan is a pension scheme in which you build up part of your retirement pension each year. The Guaranteed Pension Plan is a defined benefit scheme. This means that how much pension you will receive is fixed in advance.
The Balanced Pension Plan is a pension scheme into which your employer makes a contribution every year. You then use the contribution to buy a guaranteed pension. With a guaranteed pension the amount of pension you receive when you retire is fixed in advance. The actual pension amount depends on the total contributions paid in.