Which retirement plan feature is characteristic of a defined benefit plan?

a.The employee bears all investment risk
b.Account balances depend solely on contributions and investment returns
c.The employer promises a specified retirement benefit, often based on salary and years of service
d.Contributions are always made only by the employee

解析

A defined benefit plan promises participants a specified retirement benefit, commonly calculated from salary history and years of service, and the employer bears the investment and funding risk. A defined contribution plan, by contrast, ties the ultimate benefit to contributions and investment performance, shifting risk to the employee.

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