n NISM Certifications
NSM General NISM
Medium

What defines a defined contribution pension plan?

Practice question from IC 38 Mock Test 18 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Pension plan with pre-disclosed returns

  2. B

    Pension plan where bonus depends on fund performance

  3. Pension plan with a fixed sum invested available at retirement

    Correct answer

  4. D

    Pension plan with regular fixed sum payments

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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