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Examveda

Which is not a pension related contingency?

A. Health

B. Longevity

C. Inflation

D. Investment risk

Answer: Option A

Solution(By Examveda Team)

Health is not a pension related contingency. Contingent benefits are the benefits payable if a scheme member dies during employment (or self-employment) to which a pension arrangement relates. The definition includes lump sum benefits and pensions payable to dependants.

This Question Belongs to Commerce >> Insurance

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