Which of the Following Is True of the Pension Benefit

Which of the following is true of the Pension Benefit Guarantee Corporation?

A) It was created by the Employee Retirement Income Security Act (ERISA) of 1974.
B) It provides a supplemental income if the employee is temporarily unemployed.
C) It provides employee protection for only defined-benefit pension plans.
D) It is funded by a payroll tax imposed on each plan participant.
E) It guarantees retirees a basic benefit only if the employer is in a sound financial position.