Category: IC83 GROUP INSURANCE – 14

Que. 1 : Q1) Which Occupational pension schemes generate guaranteed benefits based typically on final pensionable salary and years of service since joining the scheme?    1.  a) Defined Benefit scheme    2.  b) Defined Contribution scheme    3.  c) National pension system    4.  d) Pay as you go pension schemes Que. 2 : Q2) The cost of defined benefit schemes depends upon which […]