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Why Do Employees Increasingly Prefer Defined Contribution Plans to Defined

question 26

Essay

Why do employees increasingly prefer defined contribution plans to defined benefit plans?


Definitions:

Wool

A natural fiber obtained from sheep and other animals, used for textiles and fabrics because of its warmth and durability.

Dutch Reclamation

The process of creating land from sea, lakes, or swamps in the Netherlands, involving the use of dikes and drainage canals.

Sea

is a large body of salt water that is often connected to an ocean and may be partially or completely enclosed by land.

Land

The part of the earth's surface that is not covered by water, including properties, territories, and physical features.

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