Which of the Following Statements About Pension Plans If Any

question 4

Multiple Choice

Which of the following statements about pension plans if any, is incorrect?

• A) Under a defined benefit plan, the employer agrees to give retirees a specifically defined benefit, such as $500 per month or 50 percent of the employee's final salary.
• B) A portable pension plan is one that an employee can carry from one employer to another.
• C) An employer's obligation is satisfied under a defined contribution plan when it makes the required contributions to the plan.The risk of inadequate investment returns is borne by the employee.
• D) If assets exceed the present value of benefits, the pension plan is fully funded.
• E) A defined contribution plan is, in effect, a savings plan that is funded by employers, although many plans also permit additional contributions by employees.

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Definitions:

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A sexual orientation characterized by a romantic or sexual attraction to individuals of the same sex.

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Interactions between individuals that involve sexual intimacy or activities.

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Actions that are conducted with the purpose of sexual satisfaction or reproductive outcomes, influenced by biological, psychological, and social factors.