The pension plan in which the benefits of pension is paid in by both parties involved, such as employers and employees is classified as Options: A . &nbspnon-discretionary plan B . &nbspdiscretionary plan C . &nbspcontributory plan D . &nbspnon-contributory plan

The pension plan in which the benefits of pension is paid in by both parties inv

Question

The pension plan in which the benefits of pension is paid in by both parties involved, such as employers and employees is classified as

Options:

A . non-discretionary plan

B . discretionary plan

C . contributory plan

D . non-contributory plan

Answer: Option C
Answer: (c).contributory plan

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