Question: It's often said that with a defined contribution plan the employee bears the risk of poor investment performance, but gets the benefit of good investment

It's often said that with a defined contribution plan the employee bears the risk of poor investment performance, but gets the benefit of good investment performance, and that with defined benefit plans it's the employer who has the risk and the benefit of the investment performance. Can you explain what that means? Can you think of some weaknesses in that general assertion

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