A pension is a fund into which amounts are paid regularly during an individual’s working career, and from which periodic payments are made to support the person’s retirement from work. A pension may be either a “defined benefit plan”, where defined periodic payments are made in retirement and the contributions to the pension are adjusted to support these defined retirement payments, or a “defined contribution plan”, under which defined amounts are paid in during working life, and the retirement payments are whatever can be afforded from the fund.
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Response Sheet
*Pension Problems will playing a key role in EOT 141 Exam.
*Most of the Candidates feels Hard to pass the EOT 141 Exams,while comparing with GOT Exams.
*Roughly 12 to 15 Problems where coming in EOT 141 Exam in every session.
*But Pension problems were very easy to Solve if we know all the Rules.
*So , I am trying to give most of the Rules as of my knowledge to solve the problems.
*If you Find any mistakes in these Rules Please bring them in to our notice, we will try to correct it in
the next update.
*I hope these rules will Helpful to every one who are appearing for Departmental tests,especially
The Account Test for Executive offices popularily Known as EOT 141.