Multiple Choice
Which type of pension plan acts like a savings account, where the longer the people work, the more money they add to their plan?
A) defined benefit pension plan
B) defined contribution pension plan
C) defined pension income plan
D) defined growth and profit plan
Correct Answer:

Verified
Correct Answer:
Verified
Q35: Newport (2015b) found drops in labor force
Q36: The federal Age Discrimination in Employment Act
Q37: Poor pensions, low pay, and a broken
Q38: The 2007 Minority Retirement Confidence Survey showed
Q39: Minority groups pose unique problems to the
Q40: Retirees now have many options in retirement.
Q41: According to Novelli and Workman (2006), workers
Q43: Some social scientists divide the economy into
Q44: Because of low pensions and disability, African
Q45: An AARP study conducted in 2014 found