Under the defined benefit plan, there is no advantage in continuing to work beyond retirement age.

Name: Under the defined benefit plan, there is no advantage in continuing to work beyond retirement age.
Brand: Quizplus
Rating: 4.7 (47 reviews)

Question

Quizplus · Accepted Answer

Under a defined benefit plan, employees receive a fixed benefit upon retirement, regardless of how long they continue to work. Therefore, there is no financial incentive to continue working beyond retirement age.

Under the Defined Benefit Plan, There Is No Advantage in Continuing