Which of the Following Statements Is True About the Pension

question 71

Multiple Choice

Which of the following statements is true about the Pension Benefit Guaranty Corporation (PBGC) ?

• A)It was created by the Consolidated Omnibus Budget Reconciliation Act (COBRA)of 1985.
• B)It provides a complete benefit replacement.
• C)It guarantees healthcare benefits.
• D)It is funded by a monthly contribution from each plan participant.
• E)It does not allow payouts to be adjusted for cost-of-living changes.

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Definitions:

Decay Theory

A hypothesis in psychology that suggests the reason for forgetting is the automatic fading or weakening of the memory trace over time.

Hormone

Chemical that carries messages throughout the body, potentially affecting a person’s mood, level of energy, and reaction to stress.

Degradation Inhibitor

A substance that prevents or slows down the breakdown or deterioration of another substance.

Neuron

A nerve cell that is the basic building block of the nervous system, responsible for transmitting information throughout the body.