Question

What is a common feature of superannuation schemes?

a.

Contributions are not pooled in a fund

b.

Benefits are paid out of individual contributions

c.

Benefits are paid in the form of annuities

d.

Benefits are unspecified

Answer: (c).Benefits are paid in the form of annuities Explanation:In superannuation schemes, contributions are pooled in a fund, and benefits are paid out in the form of annuities.

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Q. What is a common feature of superannuation schemes?

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