Under the provisions of a typical defined benefit pension plan, the employer is responsible for ________.

Name: Under the provisions of a typical defined benefit pension plan, the employer is responsible for ________.
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Under a defined benefit plan, the employer is responsible for paying benefits to retired employees, regardless of the performance of the plan's investments or the amount of employee contributions. This is why these types of plans can be costly for employers to maintain.

Under the Provisions of a Typical Defined Benefit Pension Plan