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
<span>stare decisis means a basic principle of the law whereby once a decision (a precedent) on a certain set of facts has been made</span>
An impasse has been established for political leaders as a result of the relative unpopularity of all of the available solutions, in addition to the profound disagreements over how to solve the budgetary requirements of transportation. This is further explained below.
<h3>What is transportation policy?</h3>
Generally, The development of a collection of constructions and propositions that are developed to attain certain goals pertaining to social, economic, and environmental circumstances, as well as the operation and performance of the transport system, is the focus of transport policy.
In conclusion, Political leaders are stuck in a stalemate because none of the options are very popular and people have very different ideas about how to pay for transportation.
Read more about transportation policy
brainly.com/question/11809850
#SPJ1
Answer:
Because it consists of three different layers of composition.
Explanation:
The Earth's surface does not have a consistent shape because it is not formed by a single layer, but rather three layers of different compositions and organizations, which end up removing the consistent character from the surface and triggering a character that changes frequently.
These three layers are the lithosphere (which is solid), the hydrosphere (which is liquid) and the atmosphere (which is greasy).
