One major legal challenge for employers can be the "two-hat" problem? What does this refer to? Group of answer choices If the employer is insolvent to determine whether it should start bankruptcy proceedings under the Companies' Creditor Arrangement Act or under the Bankruptcy and Insolvency Act If the employer has to decide whether it should allow an employee to unlock his/her money from the employer- sponsored pension plan or not If the employer has multiple pension plans but not enough money to contribute to all plans to decide to which plan it makes contributions If the employer ends up in a conflict of interest position in its roles as sponsor and administrator of a pension plan
One major legal challenge for employers can be the "two-hat" problem? What does this refer to? Group of answer choices If the employer is insolvent to determine whether it should start bankruptcy proceedings under the Companies' Creditor Arrangement Act or under the Bankruptcy and Insolvency Act If the employer has to decide whether it should allow an employee to unlock his/her money from the employer- sponsored pension plan or not If the employer has multiple pension plans but not enough money to contribute to all plans to decide to which plan it makes contributions If the employer ends up in a conflict of interest position in its roles as sponsor and administrator of a pension plan
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:One major legal challenge for employers
can be the "two-hat" problem? What
does this refer to?
Group of answer choices
If the employer is insolvent to determine
whether it should start bankruptcy
proceedings under the Companies'
Creditor Arrangement Act or under the
Bankruptcy and Insolvency Act
If the employer has to decide whether it
should allow an employee to unlock
his/her money from the employer-
sponsored pension plan or not
If the employer has multiple pension
plans but not enough money to
contribute to all plans to decide to which
plan it makes contributions
If the employer ends up in a conflict of
interest position in its roles as sponsor
and administrator of a pension plan
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