Discussion Post: Pension Plans
In your own words, discuss the difference between a defined benefit pension plan and a defined contribution pension plan. In your opinion, which type of plan would an employee prefer a firm to offer, and which type of plan would the firm typically prefer to offer an employee? Explain why.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.