Defined contribution plans are employer-based pension plans

a.with promised monthly payments upon retirement for a fixed number of years.

b.with promised monthly payments upon retirement for the rest of the worker's life.

c.consisting of an individualized fund with the worker and possibly the employer contributing to it over time.

d.consisting of matching employee and employerfunds paid to the government for existing retired people.

e.consisting offunds deposited in an identified bank account.