Which of the Following Is $\underline{not}$ A Characteristic of a Defined Benefit Plan?
A)The Employee Makes

question 25

Multiple Choice

Which of the following is $\underline{not}$ a characteristic of a defined benefit plan?

• A)The employee makes all contributions to the plan.
• B)Benefits may be paid as a single lump sum amount at retirement date.
• C)Benefits can be based on career average salary.
• D)In all cases, the value of pension benefits is directly related to the employee's years of service.

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