Chapter19: Deferred Compensation
Section: Chapter Questions
Problem 2DQ
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Question
Which of the following statements are disadvantages for the employer-sponsor of a cash balance pension plan?
1)A certain level of plan benefit is guaranteed by the PBGC.
2)The employer bears the investment risk in the plan.
3)Cash balance pension plans are less expensive for the employer than a traditional defined benefit pension plan.
4)Retirement benefits may be inadequate for older plan entrants
Answer list below
a) 2, 4
b) 1, 2
c) 1, 3
d) 3, 4
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