Question: Contributory plans involve Select one: a. a requirement that employees contribute a part of the cost of the plan, b. a formula that specifically defines

Contributory plans involve

Select one:

a. a requirement that employees contribute a part of the cost of the plan,

b. a formula that specifically defines the amount that an employer must contribute,

c. less paperwork than noncontributory plans because defined benefit plans involve more actuarial projections,

d. only retirement related plans and never other forms of employee benefits.

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