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A Type of Pension Plan That Specifies What Contribution the Employer

Question 60

Multiple Choice
A type of pension plan that specifies what contribution the employer will make to a retirement or savings fund set up for the employee is called a

A type of pension plan that specifies what contribution the employer will make to a retirement or savings fund set up for the employee is called a


A) government-sponsored plan.
B) defined contribution pension plan.
C) defined benefit pension plan.
D) retirement plan.
E) deferred profit-sharing plan.

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