Question: What statement pertaining to defined contribution registered pension plans is true? a ) When an employee joins the plan, the exact pension benefit payable at
What statement pertaining to defined contribution registered pension plans is true?
a When an employee joins the plan, the exact pension benefit payable at retirement is known.
b Plan members have the opportunity to purchase past service benefits after two years of membership in the defined contribution plan.
c The maximum employeremployee contribution is limited to the lesser of of the employee's earnings and the annual money purchase contribution limit
d Defined contribution plans can include inflationprotection provisions
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