All of the following statements are true about non-contributory defined benefit retirement plans EXCEPT:

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All of the following statements are true about non-contributory defined benefit retirement plans EXCEPT:

A. contribution amounts vary based upon the age of the person covered under the plan

B. larger contributions are made for older plan participants nearing retirement than for younger ones

C. once benefit payments start, the amount of the benefit is fixed

D. contribution amounts remain fixed based regardless of age

Answer: D.

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