Q426
What is the basic contingency associated with pensions?
A.
Mortality
B.
Morbidity
C.
Post-retirement income security
AnswerD.
Disability
Answer: Option C
Solution
Answer: Option C
Solution:
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.