A Defined Contribution Plan Is One in Which

A defined contribution plan is one in which:

A) The amounts to be paid to members at normal retirement age are determined by reference to the accumulated contributions made by and/or on behalf of members, together with investment earnings thereon.
B) The amounts to be paid to members at normal retirement age are determined by reference to the percentage level of salary contributed over the period of membership of the plan.
C) The amounts to be contributed by employees are determined by the plan trustees based on members' years of membership and/or salary levels.
D) The amounts to be paid to members at normal retirement age are specified or determined, at least in part, by reference to members' years of membership and/or salary levels.
E) None of the given answers.