Question
Which of the following is a type of pension plan where
the employer agrees to pay a specified benefit to the employee upon retirement, based on a set formula?Solution
A defined benefit plan is a type of pension plan where the employer agrees to pay a specified benefit to the employee upon retirement, based on a set formula. This formula typically takes into account the employee's length of service, salary history, and other factors.
Dokriani Glacier is located:Â
Consider the following statements-
1.The boundary line of the national park is defined by legislation.
2.Reserved biozones are declared fo...
Who took over as the Director General Hospital Services (Armed Forces) in August 2024?
Ajit Ninan passed away recently. Who was he?
Which country recently hosted the 46th Antarctic Treaty Consultative Meeting?
Recently, where was the “World Green Economy Forum” launched?
Based on his studies of purple and green bacteria, which microbiologist demonstrated that photosynthesis is essentially a light-dependent reaction in wh...
Which state government has launched the 'Maha Lakshmi scheme', a pioneering initiative offering free bus travel to women, promoting gender equality, emp...
 Idukki dam was often in the news, is built on which of the following rivers?
In which ocean have Indian scientists recently uncovered a 'Giant Gravity Hole'?
