Q796
Which one of the following is correct?
A.
Under Defined Benefit scheme, pension paid was linked to investment performance of fund
B.
Under Defined Contribution scheme, pension paid was not linked to investment performance of the fund
C.
Both A & B
D.
None of the above
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Both the statements are incorrect. Under Defined Benefit scheme, pension paid was not linked to investment performance of fund and Under Defined Contribution scheme, pension paid was linked to investment performance of the fund.