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Contribution benefit pension programs

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Reference no: EM131518669

The rising cost of employee pensions has forced some employers to move from a defined benefit pension program to a defined contribution benefit program.

Respond to the following:

  • Compare and contrast the major features of defined benefit and defined contribution benefit pension programs
  • Elaborate on the advantages and disadvantages of each type of program for the employer and the employee, along with the implications of a defined contributed benefit program for an employee's future job and economic security.

Reference no: EM131518669

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