Vidyalelo
Commerce · Q789

Insurance

Graduate and Post Graduate · Commerce · question 789

Q789

Quantum of pension under Defined Benefit type would depend on –

A.
Accrual rate
B.
Salary
C.
Pensionable service
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Quantum of pension under Defined Benefit type would depend on Accrual rate, Salary and Pensionable service.