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The proposal must ensure a minimum level of gain from the investment at maturity and hypothesizes uncertainty in the interest rate, contribution rate, and mortality. In addition, the financial setting assumes the presence of discontinuities in the dynamics of risky assets to reflect the occurrence of market crashes. To hedge against investment, longevity, and event risks, we complete the market using a zero-coupon bond, a longevity zero-coupon bond, and a derivative, respectively. We apply standard dynamic programming techniques and obtain closed-form solutions to the stochastic control problem with the objective of maximizing the expected utility of terminal cushion. 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