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.
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Answer:
I write a lot about the importance of self reflection--especially come the end of the year. This is the time when, more than ever, it's important to take a step back and look hard at what's been working, what hasn't, and what you can do differently in order to effectively move forward and become successful.
What most people forget though is to audit all pillars of their life. As much time and attention you give your business or your work, you also need to give to your physical body, your emotions, etc. We are humans--we are not robots. And of course it's not always easy to ask yourself, "Have I been happy lately? What do I need to do to improve my emotional well being?" But being aware of all aspects of you is what creates balance--and staying balanced is what allows you to play the long game.
Answer:
c. A bill of rights was added to the Constitution
Explanation:
During the years 1788-91, Americans debated whether to ratify the constitution. During this time, the Anti-Federalists engaged in many activities to express their viewpoint of the Constitution. Which of the following is a direct outcome of the Anti-Federalist's activities?
A bill of rights was added to the Constitution,Bill of Rights were ratified on December 15, 1791, thus becoming a part of the Constitution which list specific prohibitions on governmental power, in response to calls from several states for greater constitutional protection for individual liberties and its was Anti- Federalists who demanded amendments that would protect individual liberties in order to prevent the federal government from assuming excessive power.
C. Fair
Proof: impartial basically means no prejudgment