Some Pension Plans Guarantee a Specific Benefit at Retirement

question 90

Multiple Choice

Some pension plans guarantee a specific benefit at retirement.These are known as

• A)defined benefit plans.
• B)defined contribution plans.
• C)qualified pension plans.
• D)non-adjustable pension plans.

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Definitions:

Impulses

Electrical or chemical signals transmitted through the nerves of the body.

Bx

Biopsy, a medical test involving the extraction of sample cells or tissues for examination to determine the presence of diseases.

Syllable

A unit of organization for a sequence of speech sounds, typically comprising a vowel sound with or without surrounding consonants.

Word Foundation

This term does not correspond to a widely recognized concept, system, or theory and could be referring to the basis or starting point for the study or use of words.