In large companies,CEOs are legally responsible for coordinating the assets and liabilities of employees' pension fund.

Question

Quizplus · Accepted Answer

While CEOs may have oversight over company pension plans and decisions regarding their funding, they are not legally responsible for coordinating the assets and liabilities of these plans. This responsibility falls to the company's board of directors and plan trustees.

In Large Companies,CEOs Are Legally Responsible for Coordinating the Assets