In a Contributory Defined Contribution Pension Plan, All of the Following

In a contributory defined contribution pension plan, all of the following are true with the exception of

A) retirement benefits are a fixed amount based on the level of compensation earned by the employee during the working years.
B) amounts are contributed to the plan based upon a specific formula.
C) a separate account is established for each participant.
D) both the employee and employer can make contributions to the plan.