The trend in retirement plans has been
A) Toward defined benefit plans
B) Toward defined contribution plans
C) Toward more reliance on Social Security
D) There have been no discernable trends over recent decades
Correct Answer:
Verified
Q1: Employer sponsors of defined benefit (DB) plans
Q2: The Social Security program in the United
Q3: State and local government pension plans tend
Q4: The returns that participants in DB plans
Q6: Large concentrations of equity in DB portfolios
A)
Q7: At times, the following outsourcing is done
Q8: The reinsurance market
A) Enables double coverage for
Q9: Annuities offered by life insurance companies (LICOs)
A)
Q10: Separate accounts offered by LICOs
A) Add to
Q11: In contrast to LICOs, property and casualty
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