1. All other things held constant, a higher inflation rate than what was expected results in an ________________ - funded Defined Benefit Pension Plan.
a) over
b) under
c) has no effect on
2. Which of the following results in an over-funded defined benefit pension plan?
A.Projected investment results are less than actual
B.Projected investment results are greater than estimated
C.Higher administrative fees than expected
D.Lower employer contributions than required.
3. Which of the following is a Defined Benefit asset?
a) Administrative fees
b) Earnings
c) Benefit payments
d) Contribution tax deduction