Under contributory plans the employees bear the majority of the risks of the plan and contribute towards the plan with deductions from their salaries.

Name: Under contributory plans the employees bear the majority of the risks of the plan and contribute towards the plan with deductions from their salaries.
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Question

Quizplus · Accepted Answer

In contributory plans, employees share the cost and risks by contributing a portion of their salary towards the plan, while the employer may also contribute.

Under Contributory Plans the Employees Bear the Majority of the Risks