This Type of Hybrid Plan Defines Benefits for Each Employee

question 17

Multiple Choice

This type of hybrid plan defines benefits for each employee by reference to the amount of the employee's hypothetical account balance.(Cash Balance Plans and Pension Equity Plans)

• A)Money purchase plan
• B)Target benefit plan
• C)Cash balance plan
• D)Pension equity plan

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Definitions:

Cheerful

Characterized by good spirits or happiness, often showing in behavior or appearance.

Talkative

Tending to engage in excessive or frequent conversation.

Recalling Faces

The cognitive process of remembering and identifying the visual features of individuals' faces previously encountered.

Mild Sadness

A temporary emotional state characterized by feelings of disappointment and low energy, less severe than major depression.