A term pension is an annuity certain that is paid along with your MemberFunds (15 years). It is only a few member groups in P+ that have a term pension, and it is not possible to pay contributions to a term pension. 

Interest payment on the term pension equals the interest payment (same deposit interest rate) on your retirement pension. 

The term pension is paid to your next of kin or the beneficiary(ies) if you die. This applies both if you die before or after payment has startet.