Which of the following plans is considered a company sponsored program that provides income to workers throughout their retirement?
A)pension plans
B)severance plans
C)loyalty plans
D)longevity plans

Question

Quizplus · Accepted Answer

Pension plans are company-sponsored retirement plans that provide income to workers throughout their retirement. Severance plans provide employees with compensation when they are laid off or terminated, loyalty plans reward customers for repeat business, and longevity plans are not a common term used in the context of employee benefits.

Which of the Following Plans Is Considered a Company Sponsored