All of the following are potential disadvantages to employees covered by a money-purchase pension plan EXCEPT
A) The contribution rate by the employer is uncertain.
B) The retirement benefit can only be estimated in advance of retirement.
C) The benefit formula may produce an inadequate benefit if an employee enters the plan at an older age.
D) The investment losses are borne by the employees.
Answer: A
You might also like to view...
More people usually read an executive summary than any other part of a report
a. true b. false
Which of the following, if true, would weaken the case that Regis should adopt a participatory approach?
A) The company encourages the development of strong, supportive relationships among employees and supervisors. B) Employee output has been rising steadily and the company's productivity has increased over the past year. C) Employees understand how their jobs relate to the overall strategic plan of the firm. D) Employees complain that their sense of innovation and creativity is being stifled by organizational culture. E) Employees consistently indicate that they are satisfied with the working environment and compensation at Regis.