Question
Which of the following is a feature of a defined
contribution pension plan? 1) Guaranteed payout at retirement 2) Employee bears the investment risk 3) Contributions are fixed in it.Solution
A defined contribution pension plan is a type of retirement plan in which the contributions are fixed, but the eventual payout is not. The contributions are invested and the eventual payout depends on the performance of the investments. Therefore, the employer does not guarantee a payout at retirement and the investment risk is borne by the employee. This is in contrast to a defined benefit pension plan, in which the employer guarantees a certain payout at retirement regardless of the performance of the investments.
Who is eligible to become a Member of the Producer Company?
According to the provisions as laid down under the Companies Act, can a Producer Company make a donation or subscription without any formal approval?
What is the shortcut key to terminate an application task or to reboot the operating system .
The observation of people at work that would reveal the one best way to do a task is known as
Which of these web browsers is also known as Nexus?
What is the requirement for transferring shares, along with any special rights, to an active Member of a Producer Company as per the Companies Act?
...What is the purpose of the "swap space" or "page file" in virtual memory management?
Which layer of the OSI model is used for ensuring that data is delivered without errors or loss?
Which of the following IFRS deals with Insurance Contracts?
The maximum number of public companies in which a person can be appointed as a director shall______________
