Which of the Following Type of Pension Plans Results in All

question 13

Multiple Choice

Which of the following type of pension plans results in all the employers participating in the plan being liable for the accumulated liabilities of the plan?

• A)sole-employer plan
• B)multiple-employer plan
• C)defined contribution plan
• D)cost-sharing plan

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Definitions:

Microchip

A small semiconductor device containing integrated circuits used in various electronic devices for processing, memory, or specific control functions.

Tire(s)

Rubber coverings placed on wheels of vehicles to provide traction and absorb shocks.

Gain From Trade

The benefits that parties obtain by exchanging goods or services through voluntary negotiation.

Barrels

A unit of volume measurement used in the oil industry, with one barrel equivalent to 42 U.S. gallons.