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:
brainly.com/question/12334165
#SPJ4
I’m pretty sure it’s John Locke sorry if I’m wrong
One of the things that is true of thick-client applications is with a thick-client application, a system administrator must install the new version on each user computer
hope this helps
Answer: Attitude toward the topic
Explanation:
Attitude of person describes about view point and thought that a person persist regarding any certain topic.It describes behavior of a person along with the opinion in mind.
According to the question,Baldwin should consider and analyze attitude of people while addressing issue of swimming pool construction in neighborhood.This will help her to know audience's point of view regarding the construction and she can resolve issue accordingly
