In a Defined Contribution Plan, a Formula Is Used That

question 87

Multiple Choice

In a defined contribution plan, a formula is used that

• A) defines the benefits that the employee will receive at retirement.
• B) ensures that pension expense and the cash funding amount will be different.
• C) requires an employer to contribute a sufficient sum each period based on the future benefit.
• D) ensures that employers are not at risk to make sure funds are available at retirement.

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