Question $14(1$ point$)$

A benefits plan whose benefits are defined by a formula based on age and length of service, with the employer assuming responsibility for finding is called $a(n)$ :

A$)$ severance pay

B$)$ guaranteed annual wage $($gaw$)$

C$)$ defined benefits $($DB$)$ plan

D$)$ defined contribution $($DC$)$ plan

E$)$ vesting