Which Plan Specifies the Amount of Pension a Worker Will

question 29

Multiple Choice

Which plan specifies the amount of pension a worker will receive on retirement?

• A) Defined benefit plan
• B) Defined contribution plan
• C) Cafeteria benefit plan
• D) Flexible benefit plan

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Definitions:

Female Managers

Women who hold leadership roles within organizations, responsible for planning, directing, and overseeing operations and employees.

Individual Coaching For Effectiveness

A personalized approach to professional development aimed at improving an individual's performance and skills.

Dysfunctional Behavior

Actions or behaviors by individuals within an organization that are harmful to the organization or its members.

Glass Ceiling

An invisible barrier that prevents certain individuals, often women and minorities, from advancing to upper levels of leadership and management in organizations.