28 ms·
Yes that's right, but you've got the terms reversed. Defined contribution is the one where you bear the risk, and defined benefit is where the government bears
by arglebarnacle 9y ago
Yes that's right, but you've got the terms reversed. Defined contribution is the one where you bear the risk, and defined benefit is where the government bears the risk.
- soVeryTired 9y agoWhoops! My bad - edited.
- gbacon 9y agoA portion of the risk. PBGC pays out at a significant discount.