If an Employee Selects a Pension Plan in Which a Fixed

question 18

Multiple Choice

If an employee selects a pension plan in which a fixed percentage of profit is allocated to each employee in proportion to his/her proportion of total employee pay in that employee group,which pension plan did he/she select?

• A) Defined benefit
• B) Salary reduction
• C) 403(b)
• D) Defined contribution

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Definitions:

NAACP

The National Association for the Advancement of Colored People, a civil rights organization in the United States formed in 1909 to fight for justice for African Americans.

Black Officer

A term referring to military or police officers who are of African descent.

White Members

Typically refers to individuals of European descent or those identified as white in racial categorization, especially in contexts discussing racial composition or dynamics within organizations or populations.

Military Personnel

Members of the armed forces, including soldiers, sailors, airmen, Marines, and other individuals serving in military capacities.