A Defined Benefit Plan Is One in Which

A defined benefit plan is one in which:

A) The contributions by employees are defined in advance and the employers agree to increase their contribution to the fund to compensate for changes in the consumer price index.
B) The benefits to be paid to members on retirement are determined by the performance of the fund over the period of employee membership. This ensures that the member enjoys the benefits of the investments made by the plan.
C) The amounts to be paid to members at normal retirement age are specified or determined, at least in part, by reference to members' years of membership and/or salary levels.
D) The amounts to be contributed by employees are determined by the plan trustees based on members' years of membership and/or salary levels.