Q791
A pension scheme in which the employer manages fund through a trust and pays pension thro purchase of an annuity from a life insurance company is called
A.
Uninsured pension scheme
AnswerB.
Insured Pension scheme
C.
Both A & B
D.
None of the above
Answer: Option A
Solution
Answer: Option A
Solution:
Uninsured plan is usually funded pension or retirement plan not providing for the guarantee of benefits by an insurance company.