15. All of the following characterize cash balance plans EXCEPT a. lacks portability b. offers predictable benefits c. considered hybrid pension plans d. employees earn interest on contributed amounts e. none of the above 16. The PBGC was created to protect: a. defined contribution plans. b. defined benefit plans. c. savings and thrift plans. d. vested funds. e. All of the above 17. A defined contribution plan that is invested entirely in the sponsoring firm's stock: c. a. a. is violating the law because employer stock is limited to no more than 10% of plan assets. b. has been shown to increase employee productivity by 10%. may be bad for participants because it forces them to have a relatively undiversified portfolio. d. makes a firm more likely to be a takeover target. 18. The best type of pension plan for a self-employed person is a: 401(k) b. defined benefit plan Keogh plan d. none of the above are available for self-employed persons 19. The pension plan administrators should disclose the relevant financial information to: the federal appellate court. b third party arbitrator and the employer. employees and the government. d. employers and the bargaining representatives. none of the above. c. a. c