The amount of retirement income that employees would receive upon retirement is specified under a defined benefit plan (APERS). A defined contribution plan merely stipulates how much each party—the employer and the employee—puts into the retirement account of the employee.
<h3>What is the difference between defined benefit and defined contribution plan?</h3>
- For each participant in a defined-benefit pension plan, employers finance and guarantee a certain amount as retirement benefits.
- As the participant defers a percentage of their gross pay, defined-contribution plans are largely supported by the employee. Employers may decide to match the contributions up to a specific level.
- The responsibility of saving and investing for retirement has been put on employees as a result of the switch to defined-contribution plans.
- The 401(k) is the preferred defined-contribution plan (k).
- Companies have a consistent preference for defined-contribution plans over defined-benefit plans.
To learn more about defined benefit and defined contribution plan, refer to the following link:
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Just considering that the Pope is in Vatican City State (surrounded by the Italian soil and thereby in Europe), I would assert Catholicism.
Answer:
No one really knows the answer.
Explanation:
All the potential knowledge containing that century is lost in history.
May i please get a brainly lol
Theres no selections mabye try getting the full problem?
Probably, some of the votes would not be well-informed, as you can't rightly expect toddlers to know about current political issues and politics in general. Also, without citizenship status, some could vote for a president that would benefit their country and not see the bigger picture.
hope it helps, brainliest pls