Which of the Following Is Typically a Characteristic of a Defined

question 13

Multiple Choice

Which of the following is typically a characteristic of a defined contribution plan?

• A) Employer-guaranteed retirement benefit
• B) No employee contributions
• C) No federal guarantee of benefits
• D) Retirement benefit computed based on an age, wage, and years of service formula
• E) Benefit options limited to lifetime annuity

---

Definitions:

Job Design

The process of defining responsibilities, duties, and tasks in a job to improve productivity and employee satisfaction.

Modifying

The process of making changes or alterations to something, often to improve it or to better suit a particular need.

Enriching

In a work context, refers to enhancing job content through methods that increase an employee's responsibility, autonomy, and opportunities to grow.

Job Design

The process of defining how work will be performed and what tasks will be required in a given job, aimed at improving job satisfaction and productivity.