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Which of the Following Statements Concerning Defined Benefit and Defined

Question 21

Multiple Choice

Which of the following statements concerning defined benefit and defined contribution pension plans is (are) true?
I.The employer bears the investment risk with a defined contribution plan.
II.Defined benefit plans favor workers who enter the plan at older ages.


A) I only
B) II only
C) both I and II
D) neither I nor II

Correct Answer:

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