Question

What does an occupational or employer pension refer to?

a.

A pension created by an employer for the benefit of an employee

b.

A self-funded retirement plan

c.

A government-mandated retirement fund

d.

A plan for high-income individuals

Posted under IC38 Life Insurance Agent Exam

Answer: (a).A pension created by an employer for the benefit of an employee Explanation:An occupational or employer pension is a pension created by an employer for the benefit of an employee.

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