Question: When distinguishing between a defined benefit pension plan ( DBPP ) and a defined contribution pension plan ( DCPP ) , which statements are true?
When distinguishing between a defined benefit pension plan DBPP and a defined contribution pension plan DCPP which statements are true?
The pension benefit from a DBPP can be calculated, while the benefit from a DCPP is unknownA DBPP holds more risk to the employee compared to a DCPPThe pension adjustment for a DBPP and DCPP both rely upon the contributions of the employee and employerAn employer knows the contributions required each year for a DCPP but the contributions for the DBPP are unknown.
a
and
b
and
c
and
d
and
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