A retirement benefit plan that requires the employer to payout a fixed annual or monthly amount to

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A retirement benefit plan that requires the employer to payout a fixed annual or monthly amount to retired employees based on a formula of years of service, average wage, and a fixed percentage is known as a ; Group of answer choices defined contribution plan ESOP defined benefit plan 401 (k) plan

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A retirement benefit plan that requires the employer to payout a fixed annual or monthly amount to

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