Question:Which of the following statements is NOT descriptive of a defined contribution pension plan? 

A This type of plan defines the employer's contribution to the plan. 
B The amounts to be received by employees depend on the investment performance of the pension plan. 
C Pension benefits received during retirement are based on wages earned and number of years of employment. 
D The employer's pension expense equals the amount contributed to the pension fund. 

+ Answer
D 

+ Explanation
Answer not sure

+ Report

Md. Habib Ullah

Editor, VCampus

Your Name

Your Email

Type of Report
Spelling MistakeIncorrect AnswerGrammar MistakeContent MissingImproper Text FormatInsufficient AnswerDuplicate QuestionImproper Sentence StructureImproper Equation/FormulaOther

Description