Education and Career Forum

The paper of Pensions and Other Employee Benefits is really crucial for reasons more than one. In any country the whole work force will retire at a particular time and for a welfare society it is important to have good pension schemes that motivate the existing employees to take up certain schemes for their lives after retirement. Besides this, paper also explores certain other benefits and facilities that an employee can use if he is working under a certain organization whether it is public or private. Some of the topics taught under this paper are Advantages and disadvantages of purchase of non-profit immediate annuities as assets for a medium sized self-administered person scheme, advantages and disadvantages of property investment for a large defined benefits pension scheme which is closed to new entrant, aspects of valuation of a defined benefit retirement scheme, sponsor’s covenant, circumstances under which sponsor’s covenant is to be considered, etc. In the exam you will get 15 minutes to go through the questions and 3 hours to answer them. The paper pattern changes every year. So, it is better that you download previous year’s question papers from below are read it yourself.

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