Question

in what kind of a plan one knows the pension amount from before hand?

1. defined savings
2. defined contribution
3. defined payment
4. defined benefit​

Answer 1

Answer:

fourth option is right it is an a benefit of his life which you work for totally in his total years give the good good work to any government job or any person from this he get a benefit which he did work for his total life that was this is called the benefit that was the fourth option is right thank you

Explanation:

please mark as brainly

Answer 2

The answer is option 4. or defined benefit in this instance.

Explanation:

• Defined benefit or defined benefit plan is post retirement plan which is generally offered by an employer to its employees.The mathematical formula to compute the defined benefit plan is contingent on several considerations or criteria such as the overall duration or tenure of employment of respective employees and their previous salary records.
• The mathematical formula to estimate the defined benefit plan is priory known to both the employer and the employee and the employees can conveniently their respective benefit or post retirement pension amounts beforehand.