Choose the Word or Phrase in [ ] Which Will

question 12

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Under a defined contribution pension plan,an employee [is | is not] able to estimate what his pension payment would be upon retirement.

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Definitions:

Legally Binding

An agreement or contract that is enforceable by law, where failure to comply can result in legal consequences.

Ratification

The process by which a constitutional amendment or other legal instrument is officially validated by signatory states or parties.

Commander-In-Chief

The role vested in the president of the United States as the supreme commander of the military forces of the country and of the state National Guard units when they are called into federal service.

Military Matters

Issues, strategies, and operations related to the armed forces and national defense.