Each of the following is a characteristic of a defined benefit retirement plan EXCEPT:

a	The plan specifies the benefit an employee receives at retirement.
b	The law specifies the maximum allowable benefit payable from the plan is equal to the lesser of 100% of salary or $210,000 (2015) per year currently.

	c The plan has less predictable costs as compared to defined contribution plans.
d	The plan assigns the risk of pre-retirement inflation, investment performance, and adequacy of retirement income to the employee.