Question: In a defined contribution pension plan, Multiple choice question. the employee is guaranteed a life - time pension payment during retirement. the employer does not
In a defined contribution pension plan,
Multiple choice question.
the employee is guaranteed a lifetime pension payment during retirement.
the employer does not make payments to a pension trust.
the contract provides a formula for what goes into a pension trust.
the employer does not receive a tax deduction for payments made to a pension trust.
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