Which of the following provides a fixed sum when employees reach a predetermined retirement age or can no longer work due to disability?
A)workers' compensation
B)Social Security
C)pension plan
D)group life insurance

Question

Quizplus · Accepted Answer

C)Pension plans are financial programs that provide income to individuals in their retirement. Pension plans provide a fixed sum when employees reach a predetermined retirement age or when they can no longer work due to disability.

Which of the Following Provides a Fixed Sum When Employees