Examlex
Punishment is sometimes necessary.Which of the following guidelines would NOT be effective for administering punishment?
Pension Plan
A retirement plan that requires an employer to make contributions into a pool of funds set aside for an employee's future benefit.
Defined Benefit Plan
A pension plan that promises employees a fixed annual pension benefit at retirement, based on years of service and compensation levels.
Defined Contribution Plan
A retirement plan in which the employer, employee, or both make contributions on a regular basis, and the final benefits depend on the investment's performance.
SUTA Taxes
SUTA Taxes refer to State Unemployment Tax Act taxes, which employers pay to provide unemployment benefits to laid-off workers.
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