Disadvantages of defined benefit pension plan

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DEFINED BENEFIT AND DEFINED CONTRIBUTION PENSION PLANS

1-What are the advantages and disadvantages of a Defined Benefit Pension Plan?

2-What are the advantages and disadvantages of a Defined Contribution Pension Plan?

3-Considering that Wilson Brothers has employees with significant age and service and yet would like to attract young high-calibre talent to the organization what type of pension plan would you recommend? Why?

Reference no: EM132176939

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