Question 7
Services Com Inc. would like to set up its first employee group pension plan. It has about
100 full-time employees and wants to set up a contributory, capital accumulation plan. In
addition, it would like to maintain some flexibility regarding its contributions and
obligations to the plan while being a source of motivation for the employees enrolled in
the plan.
Which pension plans would you suggest to Services Com Inc. based on its needs and
objectives?
a) DCPP, PRPP, GRRSP
b) PRPP, GRRSP, DPSP
c) GRRSP, DCPP, DBPP
d) DPSP, DBPP, PRPP