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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Answer:
Following the excerpt from the citizens United case, I think corporations and organisations should be more restricted in their campaign donations.
Explanation:
At this moment, money plays a huge role in politics: companies use donations to help raise attention to problems the want to be taking care of, while at the same time avoiding others that could potentially be affect there own business.
This is a huge problem because there are many issues that politics should talk about, but they are not doing it because companies that pays money prefer that those subject are not talking about, like climate change and social injustice, for example.
Money in politics, especially when it comes for companies that have their own agenda, is dangerous because it put companies interested above public interest.
At a high tide, the gates are closed. The water held inside the barrage, the turbine starts to work, turning the kinetic energy into power, or energy. As time goes by, there will eventually be a low tide, when the difference in depth are greatest. This results in the gates being opened up, letting the water rush out providing max amount of energy.
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The reason that American settlers felt it was necessary to remove the native Americans from the land they were invading was because they felt that they were a threat, and would attack them for encroaching on their land and property.
