2237. What is the basic contingency associated with pensions?

Mortality
Morbidity
Post-retirement income security
Disability
✅ The correct answer is C.
Post-retirement income security is the basic contingency associated with pensions. A pension plan is a good way to secure your financial stability post-retirement. These pension plans which are maintained by the employers protect you from any uncertainty that may come unannounced post your retirement.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top