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1. In a defined contribution plan, the employer bears the risk that the ultimate pension payments will be large enough to sustain a comfortable retirement.

1. In a defined contribution plan, the employer bears the risk that the ultimate pension payments will be large enough to sustain a comfortable retirement. Select one: True False

2. A defined benefit pension plan can subject a company to significant potential liability because the company is committing to provide fixed/established benefits to its employees under the plan upon their retirement at some point in the future. Select one: True False

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