Which Statement Correctly Identifies a Benefit or a Drawback of a Company

question 88

Multiple Choice

Which statement correctly identifies a benefit or a drawback of a company offering its employees a pension plan compared to a retirement savings program with some employer matching of savings?

• A) A company's obligation to an employee's retirement savings plan is met completely by the time the employee retires. A company maintains an annual obligation to an employee's pension until the former employee dies.
• B) A company's obligation to an employee's pension is met completely by the time the employee retires. A company maintains an annual obligation to an employee's retirement savings plan until the former employee dies.
• C) Pensions typically increase annually with cost-of-living-adjustments (COLAs), while the payout of a retirement savings plan will never have an annual increase.
• D) A company can delay its costs for retirement savings until an employee retires, but it must make annual contributions to a pension fund during an employee's working years.

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Definitions:

Self-Disclosure

Sharing one’s own private information with others.

Self-Concept

An understanding or perception of oneself, including one's attitudes, beliefs, and self-evaluation.

Ideal Self

The person one desires to be; an individual's conception of themselves in terms of their aspirations and goals.

Real Self

The term denotes an individual's authentic identity, reflecting their genuine thoughts, feelings, and behaviors, as opposed to roles played or masks worn in social contexts.