A. defined benefit pension plan
B. defined contribution pension plan
C. defined noncontributory pension plan
D. deferred contribution pension plan
Related Mcqs:
- The kind of pension plan in which employer’s contribution is specified in employee’s retirement savings funds is classified as?
A. defined benefit pension plan
B. defined contribution pension plan
C. defined noncontributory pension plan
D. deferred contribution pension plan - The pension plan, in which specific amount of profit is transferred to employees account, that are payable at the time of retirement or death is classified as?
A. deferred profit sharing plan
B. savings and thrift plan
C. cash balance plans
D. early retirement window - In employees’ pension plan, a portion of employees’ earnings contribution into the fund is classified as?
A. cash balance plans
B. early retirement window
C. deferred profit sharing plan
D. savings and thrift plan - A pension plan, an employer’s acknowledgement of financial standing of employee’s account, placing percentage on the basis of annual compensation and interest, regarded as?
A. cash balance plan
B. severance pay plan
C. early retirement window plan
D. employee stock ownership plan - Offering flexible part-time work, to retirement age senior employees is a technique toOffering flexible part-time work, to retirement age senior employees is a technique to?
A. keep retirees
B. keep employees
C. retirement benefits
D. talent management - The process of instituting policies to enable employees to get their accumulated pension plans with ease after leaving the organization is classified as?
A. compatibility
B. durability
C. portability
D. profitability - The pay for time not worked, sick leave, supplemental benefits and severance pay are the types of benefits called?
A. supplemental pay benefits
B. optional pay benefits
C. compensation law benefits
D. unemployment pay benefits - The data of benefits like employees insurance and other fringe benefits can be collected through?
A. benchmark surveys
B. salary surveys
C. primary survey
D. secondary survey - The data of benefits like employees insurance and other fringe benefits can be collected through?
A. benchmark surveys
B. salary surveys
C. primary survey
D. secondary survey - The types of pension plans include?
A. contributory versus noncontributory
B. defined contribution versus defined benefit
C. qualified versus non-qualified
D. all of above
