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: d. Do nothing
Explanation:
Since alleging that the award should not be enforced because the arbitrator made an error in her findings of fact. The court will likely do nothing.
Answer:
The correct answer is C. To keep claiming land and looking for gold.
Explanation:
Although the European kings did not obtain many treasures, their main motivation for continuing to finance westward exploration was to claim new lands under their sovereignty, and to exploit the natural resources they possessed, especially gold and silver.
Thus, the Age of Discovery must be understood as framed within the economic and political process of mercantilism, through which European nations sought to conquer new lands and establish colonies there, which would allow them to accumulate wealth through the exploitation of their raw materials.
Answer:Conflict perspective
Explanation:According conflict theory , there is a constant conflict over limited resources under which those who have power dominates over those who are powerless and poor.
Those who are powerful make rules which will be in their favor , but those rule work against those who are powerless.
Answer:
a. democracy principle
Explanation:
This is a democratic principle in which the rights of parties affected by information need to be considered. Therefore, in the context of protecting the information system, democratization can be considered as balancing the rights of consumers and consumers against the rights of the owners and operators of such systems.
