Question: What are the differences between defined benefit and defined contribution pension plan? a . Young employees love defined benefit plans. b . Employee bears the

What are the differences between defined benefit and defined contribution pension plan?
a. Young employees love defined benefit plans.
b. Employee bears the risk in Defined Benefit plans and has a separate account.
c. Defined contribution plans are insured by PBGC.
d. Employer bears the risk in Defined Benefit plans and does not need actuarial computation.
e. Employer bears the risk in Defined Benefit plans and has one account for all employees.
What are the differences between defined benefit and defined contribution pension

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