From an Employee's Point of View,what Advantage Do Defined Contribution

question 23

Multiple Choice

From an employee's point of view,what advantage do defined contribution plans have over defined benefit plans?

• A) the employer assumes the risk of investments
• B) tend to be more portable
• C) provides a higher pension for those who join the company later in life
• D) risk is averaged over a large group of employees

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Definitions:

Working Alone

The act of completing job tasks and responsibilities without the direct involvement of other individuals.

Social Loafing

The tendency of some people to avoid responsibility by ‘free‐riding’ in groups.

Poor Work Ethics

The lack of commitment to professionalism and responsibility in the workplace, often resulting in substandard work performance.

Anti-Synergy

A situation in which the combined effect of a group or system's parts is less beneficial than the sum of their individual effects.