Question: 1)The projected unit credit method for funding a defined benefit pension plan will require payments when an employee is 35 year of age (when he

1)The projected unit credit method for funding a defined benefit pension plan will require payments when an employee is 35 year of age (when he started working for the company) that are:

Group of answer choices

Higher than the accumulated benefit method for the same period.

Higher than the level contribution method for the same period.

Lower than the accumulated benefit method for the same period.

The same throughout the employee's service life.

2)The accumulated benefit and projected unit credit methods both look at an employees final years salary (future salary) in their calculations.

True or false

False

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