Problem: Assume you are a consultant who has been hired by XYZ, Inc. to provide recommendations on what type of plan the company should adopt. The company is a medium-sized tech firm that is anticipating a period of strong growth. Their employees are highly skilled and there is fierce competition among similar employers to recruit and retain top talent. The company wants to offer a pension plan to improve their compensation package, but are concerned about long-term commitments. The HR manager is new to the position, and recently arrived from a company that had no pension plan. He believes that offering a plan would