Categories: Theory Question

INS 312 Theory Questions: Pension Plans: Occupational vs Personal & Contributory Pension Analysis

300 Level Department of Insurance exam questions and detailed answers. Download the answers in document format. Correct, detailed, and straightforward answers.

Questions:

(a) Differentiate between an occupational pension plan and a personal pension plan. What are the benefit payables under occupational pension plan?

(b) State the advantages and disadvantage of contributory pension.

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Fred N

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