Which type of pension plan likely applies to Charlene based on the information provided?

The selection of a registered, contributory, defined-benefit pension plan for Charlene is substantiated by the typical attributes of such plans. A defined-benefit pension plan is characterized by its promise of a specified monthly benefit upon retirement, which is often calculated based on factors such as salary and years of service. This plan structure ensures that employees like Charlene receive predictable retirement income, providing financial security.

Registered pension plans are those that meet specific regulatory requirements and enjoy favorable tax treatment. The term "contributory" indicates that Charlene likely contributes a portion of her salary toward her pension, in addition to any contributions made by her employer. This shared contribution model aligns with the stability and predictability of benefits that define-benefit plans are known for.

In comparison, the other types of pension plans present different structures and outcomes. Non-registered pension plans do not benefit from the same tax advantages and typically do not offer the same level of security in terms of defined benefits. Registered, non-contributory plans imply that the employer bears the entire contribution burden without employee contributions, which may not fit Charlene's situation. Lastly, defined-contribution plans focus on contributions made to individual accounts rather than promised benefits, meaning retirement income is dependent on investment performance rather