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:
Louis for the American interior. The expedition traveled up the Missouri River in a 55-foot long keelboat and two smaller boats. In November, Toussaint Charbonneau, a French-Canadian fur trader accompanied by his young Native American wife Sacagawea, joined the expedition as an interpreter.
Answer:
Article One of the United States Constitution establishes the <u>legislative branch</u> of the federal government, the United States Congress. Under Article One, Congress is a bicameral legislature consisting of the House of Representatives and the Senate.
For the amount of soldiers on each side I think
