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Answer plz formula under a defined benefit 15) Which of the following is not usually part of the pension plan? A) Age at retirement B)
Answer plz
formula under a defined benefit 15) Which of the following is not usually part of the pension plan? A) Age at retirement B) Number of years of service. C) Seniority at time of retirement. D) Compensation level. 16) Which of the following describes defined benefit pension plans? A) They raise few accounting issues for employers al's account. B) Retirement benefits depend on how much money has accumulated in an individu C) They are simple to construct D) Retirement benefits are based on the plan benefit formula. 17) Which of the following describes defined benefit pension plans? A) The investment risk is borne by the employee. B) The plans are simple and casy to construct. C) The investment risk is borne by the employer D) Retirement benefits depend on the individual's account balance. 18) Defined contribution pension plans that link the amount of contributions to company performance are often called: A) Incentive savings plans. B) Thrift plans. C) Savings plans. D) None of these is correctStep by Step Solution
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