They are pretty much the same though one eg from a state


Suppose you have two job offers to consider. They are pretty much the same, though one (e.g., from a state government) offers a "defined benefit" pension plan whose payoff reflects your salary and years of service when you retire or otherwise leave the company. The other company offers a 401K plan. Which do you prefer, and why? Do the events of the most recent several years affect your decision (how)?

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Financial Management: They are pretty much the same though one eg from a state
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