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Assumptions are:
Workers' Compensation Insurance
Insurance that provides wage replacement and medical benefits to employees injured in the course of employment.
Work-Related Accidents
Accidents that occur in the course of employment, potentially resulting in injury or occupational disease.
Defined-benefit Plan
A type of pension plan in which an employer promises a specified pension payment in retirement that is predetermined by a formula based on the employee's earnings history, tenure of service, and age.
Defined-contribution Plan
Defined-contribution Plan is a retirement savings plan where the amount contributed by the employer or employee is specified, but the future benefit amount is not guaranteed.
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