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Anthropological research reveals that most ethnic groups and nations are recent historical creations, our connection to people within these groups is relatively new, and our shared traditions are recently invented. In addition, most members will never meet each other. This allows us to observe that most nations today are what?
Defined Benefit Plans
Retirement plans promising a specified monthly benefit at retirement, often based on salary and years of service.
Longevity
The length of time an individual or entity has been in existence or operational, often used in the context of work tenure or product durability.
Defined Contribution Plans
Retirement plans in which employees contribute a fixed amount or percentage of their salaries, and the final benefits depend on the plan's investment performance.
Mandatory Benefits
Benefits that employers are legally required to provide to their employees, including social security, workers' compensation, and unemployment insurance.
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