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 types of pension plans include? A. contributory versus noncontributory B. defined contribution versus defined benefit C. qualified versus non-qualifiedD. all of above
The benefits given to the victims who have work-related accidents are called? A. insured compensation B. supplemental compensationC. workers compensation D. optional compensation
One time paid payment at the time of termination of employees is classified as? A. compensation pay B. supplemental pay C. sick leave payD. severance pay
The workers compensation, disability insurance, health and hospitalization costs are all types of? A. employment benefits B. unemployment benefitsC. insurance benefits D. optional benefits
The benefits provided in certain industries by the employers in unexpected conditions are classified as? A. supplemental unemployment benefits B. supplemental employment benefits C. optional employment benefits D. optional unemployment benefits
A tax deductible bonus plan according to which employers contribute to a trust for later use for employees is classified as? A. early retirement window planB. employee stock ownership plan C. cash balance plan D. severance pay plan
The types in which the benefits are classified are? A. insurance benefits B. pay for time not worked C. retirement benefitsD. all of above
The benefit provided to an individual who is unable to work, due to his or her own faults, regarded as? A. optional insuranceB. unemployment insurance C. supplemental insurance D. compensatory insurance
The method according to which two or more people share a full time single job, classified as? A. severance sharing B. flexible sharing C. benefit sharingD. job sharing