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:
<u>True </u>
Explanation:
In general, psychological health refers to mental health. It is more than just the absence of any illness. It refers to having healthy thoughts and feelings. It refers to the ability of a person to communicate with others in an effective manner and do not feel the urge to isolate himself from others. Psychological health refers to the social well being of a person. A person should realize that mental health is as important as physical health.
Answer:
All cells has the same DNA but sum are different The differences depend on what parts of the DNA the cell uses in a process called gene expression. Gene expression can be influenced by environmental factors, and influences from the environment can further affect the phenotype in other ways.
Explanation:
Gene expression depends on a constant dialogue between the nucleus and the cytoplasm by University of Geneva Gene expression is the process by which genetic information is used to produce proteins, which are essential for cells to function properly and fulfil their many purposes.
Answer:
begin need to tell me I was concerned and you give me 6 why