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In defined contribution plans, _____. a. benefits are guaranteed by the Pension Benefit Guaranty Corporation (PBGC) b. the amount of benefit paid at retirement is

In defined contribution plans, _____. a. benefits are guaranteed by the Pension Benefit Guaranty Corporation (PBGC) b. the amount of benefit paid at retirement is predetermined c. investment risks are borne by employees d. the amount of contribution changes on the basis of actuarial assumption

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