Asked by Adrian Lukmanto on Jul 25, 2024
Verified
In the context of nonmandated employee benefits, contributions to private pension plans come solely from the employer.
Private Pension Plans
Are prearranged plans administered by the organization that provides income to employees at their retirement.
- Become acquainted with the role and layout of chosen and mandated benefits in the compensation of employees.
Verified Answer
IG
Israel GarciaJul 25, 2024
Final Answer :
False
Explanation :
Nonmandated employee benefits, such as contributions to private pension plans, can come from both the employer and the employee, not solely from the employer.
Learning Objectives
- Become acquainted with the role and layout of chosen and mandated benefits in the compensation of employees.
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