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Author Question: Malcolm is interviewing for a new job and he is evaluating the quality of the pension plans offered ... (Read 51 times)

renzo156

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Malcolm is interviewing for a new job and he is evaluating the quality of the pension plans offered for each company he is considering. One company offers a pension plan in which the company will make all contributions to the plan and will base his pension benefit on a formula linked to his pay at the time of retirement and the number of years he works for the firm. This pension plan could be classified as a ________.
◦ contributory, qualified plan
◦ non-contributory, defined benefit
◦ non-contributory, defined contribution
◦ contributory, defined benefit


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Marked as best answer by renzo156 on Sep 23, 2019

tkempin

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