Asked by Adrian Lukmanto on Jul 25, 2024

verifed

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.
verifed

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.