Question: In reference to chapter 11 in your textbook, a defined benefit is different from defined contribution and is typically available in both the public and
In reference to chapter 11 in your textbook, a defined benefit is different from defined contribution and is typically available in both the public and private sector. Which is an example of a defined benefit?
| Pension | ||
| 401 (K) style plan | ||
| Traditional pay system | ||
| None of the above |
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