This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which one of the following statements does not describe a defined benefits plan? (a) funded by a ... (Read 106 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jul 7, 2018
Which one of the following statements does not describe a defined benefits plan?
 
  (a) funded by a specified payment to the account of each participant
  (b) includes a formula that defines the benefit an employee is to receive
  (c) annual contribution by employer made on an actuarial basis
  (d) employees can be required to contribute to the plan

Question 2

Which one of the following statements is not true regarding Supplementary Executive Retirement Plans (SERPs)?
 
  (a) plans seldom make any contractual requirements on recipient
  (b) plans are unfunded
  (c) frequently funds are made available through employer's own insurance policies
  (d) employer retains control of plan assets


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lou

  • Sr. Member
  • ****
  • Posts: 286
Reply #1 on: Jul 7, 2018
Answer to Question 1

a

Answer to Question 2

a


P68T

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: Jul 7, 2018
Thank you


lou

  • Sr. Member
  • ****
  • Posts: 286
Reply #3 on: Jul 7, 2018
No problemo


« previous next »
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Body plan of an arthropod, as represented by a grasshopper Body plan of an arthropod, as represented by a grasshopper
The logistic growth model does not describe all populations. The logistic growth model does not describe all populations.
Survivorship Care Plan Survivorship Care Plan
A highly simplified view of the overall plan of the human body. A highly simplified view of the overall plan of the human body.
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Soybean plants in nitrogen-poor soil show how root nodules affect growth. Only the darker green plan Soybean plants in nitrogen-poor soil show how root nodules affect growth. Only the darker green plan
Video: Structures that affect circulation - kidneys and blood volume and skeletal muscle pumping

For a complete list of videos, visit our video library