The key difference between defined benefit and defined contributions post-employment plans is that:

Select one:

a. the employer bears the risk in a defined benefit plan, whereas the fund bears the risk in a defined contribution plan.

b. the employer bears the risk in a defined benefit plan, whereas the employee bears the risk in a defined contribution plan.

c. the fund bears the risk in a defined benefit plan, whereas the employee bears the risk in a defined contribution plan.

d. the employee bears the risk in a defined benefit plan, whereas the employer bears the risk in a defined contribution plan.

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