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

question 3

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) They tend to be more portable.
• C) They provide 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:

Personal Experience

An individual's own encounters or events that have taken place in their life, influencing their values, perspectives, and decisions.

Social Worker

A professional dedicated to helping individuals, families, and groups improve their well-being and cope with social and personal challenges.

Assessments

The process of evaluating or measuring the nature, ability, or quality of something, often used in educational, professional, or therapeutic contexts.

Informal Systems

Informal systems refer to the unwritten rules, social norms, and networks that influence behavior and interactions within a society or organization.