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.
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.
Which alloy is formed by mixing iron with carbon, nickel, and zinc?
The heating element in an electric heater is made of which element?
What is the atomic number of Bohrium, named after the physicist Niels Bohr?
Which element is denoted by the atomic number 28?
Which of the following statement is CORRECT?
Ultra-purification of metals is achieved using:
_____________ has the maximum attraction force between the molecules.
What is the chemical name of quick lime?
Which enzyme is responsible for converting triglycerides into fatty acids and glycerol?
Evaluate these statements regarding calcium carbide's effects and uses:
Statement (I): Calcium carbide releases acetylene gas.
Statement (...