Question 1: How is a participant's accrued benefits calculated for defined benefit and defined contribution plans?
Question 2: List and describe the common funding formulas of a defined benefit plan.
Question 3: How are a participant's accrued benefits managed in defined benefit plans?
Question 4: Which age group generally benefits the most from the establishment of a defined benefit pension plan?
Question 5: List the advantages of cash balance pension plans.
Question 6: Which age group generally benefits the most from the establishment