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Probation was launched as a part of which correctional model?
Defined Contribution Plan
A type of retirement plan in which the employer, employee, or both make contributions on a regular basis, but the final benefit received by the employee depends on the plan's investment performance.
Length of Service
The duration of time an employee has worked for a particular employer, often affecting their eligibility for certain benefits or recognition.
Vesting
A provision in employer-provided retirement plans that gives workers the right to a pension after a specified number of years of service.
Pension Benefits
Payments made to employees after retirement, based on years of service and salary history, as part of a retirement plan.
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