Which Statement Best Explains the Reason for the Decrease in Popularity

question 1

Multiple Choice

Which statement best explains the reason for the decrease in popularity of "defined benefit plans" by employers in Canada?

• A) There has been increased longevity of employees.
• B) Defined benefit plans are simply not popular among employees.
• C) They help organizations plan more accurately; hence,they make it easier to fund these liabilities.
• D) Employers believe defined contribution plans are much more unpredictable from a funding perspective.

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Definitions:

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