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In a manufacturing plant, STP is a good choice for network cabling.
Defined Benefit Plan
A type of pension plan where the benefits that the employee will receive upon retirement are predefined, usually based on factors like salary and years of service.
Money Purchase Plan
A type of defined contribution retirement savings plan where employer and employee contributions are fixed.
Canada Pension Plan
A mandatory public retirement insurance program in Canada, providing income to retired workers.
Defined Contribution Plans
Retirement savings plans where the amount contributed to an employee's account is defined, but the payout at retirement depends on the account's investment performance.
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