Question: Defined contribution plans and defined benefit plans.If you, as an employee, had the choice between a defined benefit plan or a defined contribution plan, which

Defined contribution plans and defined benefit plans.If you, as an employee, had the choice between a defined benefit plan or a defined contribution plan, which would you choose and why?Assume that the net benefit is the same - in other words, that the amount the company would pay you for retirement would be the same, the different is purely whether it is under a defined benefit or defined contribution plan.

Give reasoning as to why. Please be detailed!

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