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? | MCQ Hive

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Q 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 A. Cash balance plan
B B. Severance pay plan
C C. Early retirement window plan
D D. Employee stock ownership plan

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