Which of the Following Describes Defined Benefit Pension Plans

question 116

Multiple Choice

Which of the following describes defined benefit pension plans?

• A) The investment risk is borne by the employee.
• B) The plans are simple and easy to construct.
• C) The investment risk is borne by the employer.
• D) Retirement benefits depend on the individual's account balance.

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Definitions:

Interracial Marriage

A marriage between individuals of different races, often involving complex dynamics of social acceptance and discrimination.

Supreme Court

The highest judicial body in a country or jurisdiction, whose decisions set precedents that lower courts must follow.

Unconstitutional

Actions or laws that are deemed to violate the principles or established precedents laid out in a country's constitution.

Racial Prejudice

Preconceived judgments or biases against individuals based on their race, often resulting in discrimination and social inequalities.