Which of the following statements are True?

I Defined Benefit Pension Plan requires the plan sponsor to fund the plan on an annual basis with an amount within the actuaries calculated funding range. But the contribution cannot be more than $230,000 in 2021 per individual.

II Defined Contribution Pension Plans require the plan sponsor to fund the plan annually with the amount defined in the plan document

		Just I is true
		Neither I nor II are true
		Both I and II are true
		Just II is true