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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<span>a enclosed body of coastal water that is a mixture of salt water and freshwater is called Estuary.</span>
Either an environment or nature.
Answer:
Scientific knowledge is based on actual facts and faith is what you choose to believe.
Explanation:
The answer is <u>"archaeology ".</u>
Anthropology has four branches, which includes;
- Archaeology, which relates to exploration of people groups and societies of the past.
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Biological Anthropology, which studies about practical experience in advancement, hereditary qualities, and wellbeing.
- Cultural Anthropology, which is about human social orders and components of social life.
- Linguistic Anthropology, which is about centralization of social human studies that spotlights on dialect in the public arena.
Archeological anthropology is the investigation of past people and societies through material remains. It includes the removal, examination and translation of antiques, soils, and social procedures.
