Retirement Benefit Plan Study App | Human Resource Management System MCQs e-Book PDF

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Human Resource Management System MCQs – Certification Test 510

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MCQ 510: The kind of benefit plan in which the employee is promised to get a pension amount based on the service and age of employee is classified as:

  1. contributory plan
  2. defined benefit plan
  3. defined contribution plan
  4. noncontributory plan

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