A Defined Contribution Pension Plan Is One in Which the Employer

question 70

Multiple Choice

A defined contribution pension plan is one in which the employer agrees to do which of the following?

• A) To make payments to a specified pension plan with no guarantee of a specific pension amount to be paid to the employees.
• B) To make actuarially determined payments to a pension plan AND to guarantee that the employees will receive a specified pension benefit (usually determined by length of service and salary).
• C) To make actuarially determined payments to a pension plan that guarantees employees will receive a specified pension (usually determined by length of service and salary).
• D) To pay specified amounts (usually determined by length of service and salary) to the employees upon retirement.

---

Definitions:

Schizophrenia

A mental disorder characterized by delusions, hallucinations, disorganized speech and behavior, and impaired cognitive function.

Aliens

Beings from other planets or dimensions, often speculated about in science fiction and debated in terms of the possibility of extraterrestrial life.

Hallucinations

Perceptions in the absence of external stimulus, such as seeing, hearing, feeling, tasting, or smelling things that aren’t there.

Evil Voices

Could refer to internal or external auditory perceptions that are negatively interpreted or associated with harmful thoughts, often mentioned in discussions of mental health conditions.