Which of the following describes defined benefit pension plans?
Answer:
a The investment risk is borne by the employee.
b The plans are simple and easy to construct.
c The investment risk is borne by the employer.
d Retirement benefits depend on the individual's account balance.
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Home » Business » Which of the following describes defined benefit pension plans? Answer: a The investment risk is borne by the employee. b The plans are simple and easy to construct. c The investment risk is borne by the employer.