The Key Difference Between Defined Benefit and Defined Contributions Post-Employment

question 21

Multiple Choice

The key difference between defined benefit and defined contributions post-employment plans is that:

• A) the employee bears the risk in a defined benefit plan, whereas the employer bears the risk in a defined contribution plan.
• B) the employer bears the risk in a defined benefit plan, whereas the employee bears the risk in a defined contribution plan.
• C) the fund bears the risk in a defined benefit plan, whereas the employee bears the risk in a defined contribution plan.
• D) the employer bears the risk in a defined benefit plan, whereas the fund bears the risk in a defined contribution plan.

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Definitions:

Receiving Neuron

A neuron that receives signals from other neurons at a synapse.

Refractory Period

The period of time during which an organ or cell is incapable of repeating a particular action, or the amount of time it takes to return to its original state.

Action Potential

A rapid, temporary change in a cell's membrane potential, crucial for the conduction of nerve impulses along neurons.

Time Interval

The duration or the amount of time between two events, often measured in units such as seconds, minutes, hours, or days.