Changes in Defined Benefit Pension Plans That Eliminate or Reduce,for

question 37

Multiple Choice

Changes in defined benefit pension plans that eliminate or reduce,for a significant number of employees,the accrual of defined benefits for some or all of their future services are:

• A) settlements.
• B) eliminations.
• C) curtailments.
• D) terminations.

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Definitions:

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Cognitive Dissonance

Cognitive dissonance refers to the mental discomfort experienced by an individual who holds contradictory beliefs, attitudes, or values, leading them to seek consistency.

Cognitions

The mental processes involved in acquiring knowledge and understanding through thought, experience, and the senses.

Accessible and Strong

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