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:
True
Explanation:
Wealth, power and prestige are unequally distributed among people around the world. As a result, individuals in societies around the world can be easily grouped according to how much wealth, power and prestige that they possess.
Such grouping known as Global Stratification classifies individuals around the world according to their different lifestyle and life chances due to unequal distribution of wealth, power and prestige. Such classification draws attention to the inequalities between people in different countries of the world.
Answer:
Give punishments, closure of the account, arresting, banning of sharing, making a wing.
Explanation:
Give punishments to people who commit such type of crime in public, closure of the account of that person, arresting of such type of person by the police department, banning of sharing naked pictures and videos, making a wing for dealing this type of problem in the police department etc are the measures taken in order to stop misuse of the internet, mobile, phones to blackmail and threat others.
Answer:
Effect, people became unemployed because of the great depression
Explanation:
