A company with a deﬁned contribution pension plan is best described as being
A) committed to speciﬁc levels of contributions to the pension plan of the employee.
B) committed to making cash payments for pensions when the employee actually retires.
C) committed to speciﬁc retiree beneﬁt levels at retirement.
D) committed to early retirement for all employees.

Question

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The Answer of A company with a deﬁned contribution pension plan is best described as being
A) committed to speciﬁc levels of contributions to the pension plan of the employee.
B) committed to making cash payments for pensions when the employee actually retires.
C) committed to speciﬁc retiree beneﬁt levels at retirement.
D) committed to early retirement for all employees.

A Company with a Deﬁned Contribution Pension Plan Is Best