A pension plan, an employers acknowledgement of financial standing of employees account, placing percentage on the basis of annual compensation and interest, regarded as?

A. severance pay plan

B. early retirement window plan

C. cash balance plan

D. employee stock ownership plan

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.