A. cash balance plans
B. early retirement window
C. deferred profit sharing plan
D. savings and thrift plan
Benefits and Services
The pension plan, in which specific amount of profit is transferred to employees account, that are payable at the time of retirement or death is classified as?
A. deferred profit sharing plan
B. savings and thrift plan
C. cash balance plans
D. early retirement window
A pension plan, an employer’s acknowledgement of financial standing of employee’s account, placing percentage on the basis of annual compensation and interest, regarded as?
A. cash balance plan
B. severance pay plan
C. early retirement window plan
D. employee stock ownership plan
A plan to accommodate employees’ preferences of planning for benefit, classified as?
A. cafeteria benefit plans
B. fixed benefit plans
C. flexible benefit plans
D. both a and c
The kind of pension plan in which employer’s contribution is specified in employee’s retirement savings funds is classified as?
A. defined benefit pension plan
B. defined contribution pension plan
C. defined noncontributory pension plan
D. deferred contribution pension plan
The sabbatical leave, funeral leave, jury duty and vacations are the examples of?
A. optional pay benefits
B. unemployment pay benefits
C. compensation law benefits
D. supplemental pay benefits
For continuous work growth, company’s direct, non-financial and financial payments are being received by the employees, categorized as?
A. benefits
B. stock ownership
C. loyalty scholarships
D. all of above
The benefit paid to terminated employees or laid-off employees is?
A. vacations and holidays
B. lifelong learning
C. severance pay
D. optional pay benefits
The job schedules in which the employees can work for fewer days, but, for longer time in each day are classified as?
A. deferred work week
B. compressed work week
C. flexible work week
D. stable work week
The benefits paid for time not worked are also called?
A. compensation law benefits
B. supplemental pay benefits
C. optional pay benefits
D. unemployment pay benefits