Could any of the Good Folk, admin or otherwise, please explain the LATTER meaning of point 3 ( or have) please. Thank you :-)

Point 3 is confusing

Requirements

To apply for this visa you must be 50 years of age or older.

You must meet at least one of the following:

Have at least 800,000 Thai baht in a Thai Bank account which is in your name. This money must have been cleared in the account at least 2 months prior to making your application.Or, have a monthly income

3. or pension of at least 65,000 Thai baht.Or, have an annual income, pension, and money in a Thai bank, which come to a combined total of at least 800,000 Thai Baht.