Question

One important aspect of the new social contract is: a. Fixed pension benefits have increased significantly. b. Fixed pension benefits have remained a solid incentive for workers. c. Fixed pension benefits have been eliminated in the U.S. by around 90 percent. d. Defined contribution plans provide more returns and less risk.

Answer 1

The correct option is C

Step-by-step explanation:

Social contract is the kind of contract , which is a contract among the community and the government and the group of people who benefit or advantage both.

This contract is made so that could provide maximum advantage or benefit and the welfare to the society group.

In the United States, the government introduced the cutting down decision which benefit to those who are covered under the plan of fixed pension through 90%. This contract is for the working employees of US.