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Respond to the following in a minimum of 175 words: Discuss the role that pension funds...

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Accounting

Respond to the following in a minimum of 175 words:

Discuss the role that pension funds play in company pensionplans. What benefits accrue to companies who elect to use pensionfunds? How does the use of a pension fund change the accountingthat must be done with respect to employee pension amounts?

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Question Pension Fund roles benefits treatment Solution The role that pension funds play in company pension plans A pension plan is a retirement plan that requires an employer to make contributions to a pool of funds set aside for a workers future benefit The pool of funds is invested on the employees behalf and the earnings on the investments generate income to the worker upon retirement    See Answer
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