The bottom line is that employer pensions plans are

Question

Quizplus · Accepted Answer

Employer pension plans are a form of deferred wages, meaning that a portion of an employee's wages is set aside for retirement. This is in contrast to a citizen's wage or a source of income during retirement. While pension plans can be seen as a form of savings on the part of the worker, their purpose is primarily to provide a guaranteed income in retirement. They may also be seen as a form of investment for companies, but this is secondary to their primary purpose of providing retirement benefits to employees.

The Bottom Line Is That Employer Pensions Plans Are