What do benefit plans assure employees regarding their retirement?

Benefit plans are designed primarily to provide employees with specific financial support during retirement, which is why the assurance of specific retirement benefit payouts is the correct answer. This means that employees can expect a predetermined amount based on their years of service, salary, and other criteria set forth in the plan. Such structured payouts help individuals plan their finances for retirement with a clearer understanding of their future income, thus providing a sense of security as they transition out of the workforce.

In contrast, while guaranteed health benefits might be a part of an employee's overall benefits package, they do not specifically pertain to retirement payouts. Funding for educational expenses and investment diversifications, although potentially beneficial elements of a benefits plan or retirement strategy, are not the primary focus of a retirement benefit plan, which centers on the assurance of income during retirement years.