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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the answer is a because an absolute monarchy is NEVER considered to be democratic because it is where one ruler of royal blood has all the power and the people don't get a say
As regards if it is false that class conflict has resulted in revolution in modern industrial societies, this is True.
<h3>Have there been revolutions due to class conflict?</h3><h3 />
Even though many predicted that there would be revolutions as a result of class conflicts, this hasn't been the case.
What has been seen however, is that industrial societies have continued to thrive and come up with methods to reduce class conflicts.
Find out more on class conflicts at brainly.com/question/24769299.
Well what decade do you want to focus on? And what country/place are the immigrants going to? Are we talking immigration into the US for a single decade? Including slavery ? Would the people forced into the country still be considered immigrants
