Which of the following statements is true about pension funds?

The Options are:
A. The pension benefits to be received by the employee during retirement are defined in the plan.
B. Defined contribution plans have the more complex accounting issues than defined benefit plans.
C. Defined contribution plans do not define the required benefits that must be paid to retired employees.
D. Employers that use defined contribution plans are assuming more risks than employers that use defined benefit plans.

The correct answer is:
C. Defined contribution plans do not define the required benefits that must be paid to retired employees.

The  ancient egyptians  who  built the pyramids  may have been  able  to move massive stone blocks across the desert by wetting the sand in front of a contraption  built  to pull the heavy objects