Examlex
Which of the following statements is false?
Defined-Contribution
A type of retirement plan where an employer, employee, or both make contributions, but future benefits depend on investment performance.
Defined-Benefit Pension Plans
Retirement plans where the employer guarantees a specific retirement benefit amount based on factors such as salary history and duration of employment.
Childcare
The care and supervision of a child or children, typically from infancy to age thirteen, by a person other than the child's legal guardians.
Eldercare
Support and services provided to meet the needs and requirements of elderly people.
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