A(n)__________ is a promise of a steady income after retirement,assuming the employee has worked a minimum number of years with the company.
A) Post-career stipend
B) Pension
C) Security payment
D) Retirement payout

Question

Quizplus · Accepted Answer

A pension is a retirement plan that offers a promise of a steady income after retirement, assuming the employee has worked a minimum number of years with the company. A post-career stipend, security payment, and retirement payout are not commonly used terms for retirement plans.

A(n)__________ Is a Promise of a Steady Income After Retirement,assuming