Which Type of Pension Plan Most Commonly Results in an Unfunded

question 77

Multiple Choice

Which type of pension plan most commonly results in an unfunded actuarial liability?

• A) Defined benefit plan.
• B) Defined contribution.
• C) Both A and B.
• D) Neither A or B.

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Definitions:

Shareholder Proposals

Suggestions or demands made by shareholders for consideration and action by the company's board of directors.

Rule 10b-5

A regulation enacted by the Securities and Exchange Commission dealing with fraud and manipulation in the securities markets.

Insider Trading

The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

Nonpublic Corporate Information

Information related to a company that has not been released to the public and could be considered confidential or proprietary.