A fully funded pension liability is one in which
A) the Pension Benefit Guaranty Corporation insures full benefit payments.
B) enough money has been set aside to ensure that the promised pension can be paid out after allowing for interest payments.
C) the yield on the pension fund is equal to the inflation rate.
D) corporation pension contributions are equal to employee contributions.
B
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What determines the price and the quantity produced of most goods?
a. the consumer's perception of necessity b. the interaction of supply and demand c. the quality of the goods that are produced d. the availability of substitutes for the goods
Which of the following is the basis for the consumption effect of a tariff imposed on imported automobiles?
A. The net increase in the availability of the domestic automobiles for the consumers owing to higher prices B. The net increase in the government revenue by taxing the domestic consumers who buy the imported automobiles C. The decline in the purchase of the product due to the increase in its price D. The net increase in the consumption of imported automobiles by the domestic consumers