Canada Pension Plan is levied equally on the employee and the employer.Group startsTrue or False

Payroll taxes levied on employers include Canada Pension and Employment Insurance.Group startsTrue or False

Which one of the following is offered at the discretion of the employer?Question 4Answera.Quebec Pension Planb.life Insurancec.Employment Insuranced.Workers' Compensatione.Canada Pension Plan

The aggregate plan is derived from the company’s overall business plan.Group startsTrue or False

In defined benefit plan, employees assume the risks associated with changes in inflation and interest rates.Question 7Answera.FALSEb.TRUE

Under this plan, both the employer and employee share in the retirement benefit cost.*1 pointContributory planNon-contributory planFunded planUnfunded plan