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August 2021

The kind of pension plan which follows a formula to determine retirement benefits is classified as?

The kind of pension plan which follows a formula to determine retirement benefits is classified as?

A. defined benefit pension plan
B. defined contribution pension plan
C. defined noncontributory pension plan
D. deferred contribution pension plan

The kind of pension plan which follows a formula to determine retirement benefits is classified as? Read More »

Benefits and Services, HRM Mcqs