Author Question: Which of the following statements is TRUE of cash balance plans? a. The benefit grows slowly and ... (Read 62 times)

Caiter2013 · **on:** Jul 7, 2018

Which of the following statements is TRUE of cash balance plans?

a. The benefit grows slowly and provides an unpredictable benefit.
b. The employer contributes a fixed percentage of workers' income to a hypothetical account and guarantees it will grow at a fixed rate.
c. The use of cash balance plans increases the employer's pension liability and employers therefore avoid these plans.
d. Under this plan, an employer provides health insurance to all the family members of the workers.

Question 2

During a union organizing campaign, which of the following requirements must be fulfilled to qualify for an NLRB-sponsored election?

a. The employer must request the NLRB to conduct the election.
b. There should be more than 1000 employees in the bargaining unit.
c. 30 percent of the workforce should sign authorization cards.
d. The employer must prove that the union organizers are engaging in unfair labor practices.