5. In general, a participant in a defined benefit or cash balance pension plan may choose to take out a loan or withdraw money at any time (in-service withdrawal). a. True b. False 6. All of the following will increase a defined benefit plan's costs except: a. Higher expected inflation b. Higher expected life expectancy C. Higher expected forfeiture/employee turnover d. Higher expected wages e. All will increase a DB plan's costs 7. The Pension Benefit Guaranty Corporation (PBGC) is a government agency which charges premiums in order to guarantee the benefits of defined contribution plans, such as 401(k) or money purchase plans. True b. False 8. An employer implementing a defined benefit pension plan with the intention of recruiting very capable employees that would be motivated to stay with the company for a longer period of time would most likely institute the unit credit funding formula within the plan. a. True b. False a