Multiple Choice
Which statement best explains the reason for the decrease in popularity of "defined benefit plans" by employers in Canada?
A) There has been increased longevity of employees.
B) Defined benefit plans are simply not popular among employees.
C) They help organizations plan more accurately; hence,they make it easier to fund these liabilities.
D) Employers believe defined contribution plans are much more unpredictable from a funding perspective.
Correct Answer:
Verified
Correct Answer:
Verified
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