Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the most correct term.
-Pension Benefit Guaranty Corp.
A)Created only by the passage of time.
B)Created by "ERISA" legislation.
C)Difference between PBO and plan assets.
D)Current pay levels implicitly assumed.
E)Future salary levels estimated to be higher than previously expected.

Question

Quizplus · Accepted Answer

The Pension Benefit Guaranty Corporation (PBGC) was created by the Employee Retirement Income Security Act of 1974 (ERISA) to protect the retirement incomes of workers in private-sector defined benefit pension plans.

Listed Below Are Five Terms Followed by a List of Phrases