When an employer makes all of the contributions to the pension plan,the pension plan is classified as ________.

Question

Quizplus · Accepted Answer

When an employer makes all of the contributions to the pension plan, it is classified as a non-contributory pension plan. In this type of plan, the employer bears the entire cost of providing the pension benefit and the employee does not need to make any contributions to the plan.

When an Employer Makes All of the Contributions to the Pension