Question: 67) A pension plan: A) Is always funded fully by employers. B) Is the same as Other Postretirement Benefits. C) Can be a defined benefit
67) A pension plan: A) Is always funded fully by employers. B) Is the same as Other Postretirement Benefits. C) Can be a defined benefit plan or an undefined benefit plan. D) Can be underfunded if the plan assets are more than the accumulated benefit obligation. E) Is a contractual agreement between an employer and its employees in which the employer provides benefits to employees after they retire.
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