In a defined-contribution plan:
A) Only the employee makes contributions into the fund
B) The retirement benefits will vary with both the amount contributed and the performance of the fund
C) The benefits are determined mainly by years of service
D) No vesting is required; employees are eligible for benefits from the time they make their first contribution
Correct Answer:
Verified
Q59: Which of the following statements best completes
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Q61: The reinsurance market is characterized as having:
A)A
Q62: Catastrophe bonds or "cat bonds" were developed:
A)By
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Q65: The use of coinsurance clauses and deductibles
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Q69: Which of the following statements is false?
A)
Q69: In most companies, an employee must work
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