One difference between defined benefit and defined contribution plans is:

Select one

A$.$ Employers own defined benefit plan assets while employees own defined contribution plan assets.

B$.$ Defined benefit plans do not hold pooled assets while defined contribution plans do hold pooled assets.

C$.$ Employers direct defined benefit plan investments while employees self$-$direct defined contribution plan investments.

D$.$

Employers are obligated to pay defined contribution retirement distributions and employees are obligated to pay defined benefit retirement

distributions.