When an Employer Makes All of the Contributions to the Pension

question 32

Multiple Choice

When an employer makes all of the contributions to the pension plan, the pension plan is classified as ________.

• A)qualified
• B)non-qualified
• C)defined contribution
• D)non-contributory

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Definitions:

Injunction

A legal order that requires an individual or entity to do or to cease doing a specific action.

Damages

Monetary compensation awarded to a party in a legal proceeding as a remedy for loss or injury.

Punitive Damages

Financial compensation awarded to a plaintiff, over and beyond the actual damages incurred, to punish the defendant for egregious or malicious conduct.

Plaintiff

An individual or entity that brings a lawsuit against another in a court of law.