A(n)________ Plan Does Not Require the Employer to Guarantee Retirement

question 46

Multiple Choice

A(n) ________ plan does not require the employer to guarantee retirement benefits nor to maintain a minimum level of pension reserves.

• A)defined benefit
• B)insured pension
• C)corporate pension
• D)uninsured pension
• E)defined contribution

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Definitions:

Distinctiveness

The quality of being easily distinguishable from others due to unique attributes or characteristics.

Consistency

The quality of being uniform, stable, and free from contradiction over time.

Internal Causes

Factors within a person, such as their traits, emotions, or beliefs, that contribute to their behavior or actions.

Distinctiveness

The quality of being notably different or unique in comparison to others.