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A defined contribution pension program is one in which
Constitutional
Relating to the established laws and principles of a governmental constitution that define the nature and structure of political and civil institutions and govern the legality of governmental actions.
Laws
Formal rules and regulations, established by legislative bodies or by custom, which govern behavior and are enforceable by penalties.
Rules
Established guidelines or principles governing conduct or procedure within a particular area or activity.
Constitutional Democracy
A Constitutional Democracy is a form of government in which the powers of the majority are limited by a constitution that protects the rights and freedoms of individuals and minority groups.
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