inment aligns with the objectives in modules $8-12.$

Question $10$

Defined$-$benefit plans:

pay a pension based on the amount contributed into the plan by the employee and employer.

do not require any responsibility on the part of the employer for the employees" retirement income; it is based on employee contributions.

usually require an employee to work a very long time for the same employer in order to reap a large benefit.

are more common than defined contribution plans.

Not