wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

____ is the regular sum of money received by a former employee after he/she stops working.

A
Pension
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Insurance
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Insurance
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Salary
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Pension
Pension is the regular sum of money received by a former employee after he/she stops working. A pension is a fund into which an amount of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of cyclic payments.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
ESIC and Other Benefits
CIVICS
Watch in App
Join BYJU'S Learning Program
CrossIcon