From an employee's point of view,what advantage do defined contribution plans have over defined benefit plans?
A) The employer assumes the risk of investments.
B) They tend to be more portable.
C) They provide a higher pension for those who join the company later in life.
D) Risk is averaged over a large group of employees.
Correct Answer:
Verified
Q28: Teresa has a dental plan through her
Q29: Which statement best describes pension plans in
Q30: Which of the following are all Canadians
Q31: Firms with flexible benefit plans may enjoy
Q32: Which nonmandatory major benefit is the most
Q34: What is usually NOT considered by courts
Q35: What is NOT a consideration in deciding
Q36: Life and accident insurance is almost always
Q37: Which variable has NOT caused Canadian organizations
Q38: Which of the following is NOT a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents