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Defined benefit plans and defined contribution plans

    Assignment Instructions

    Assignment ID: FG133009325

    Q1. Explain workers’ compensation.

    Q2. Briefly discuss (1) elder care, (2) sabbaticals, (3) severance pay, and (4) supplemental unemployment benefits.

    (1) elder care:

    (2) sabbaticals:

    (3) severance pay:

    (4) supplemental unemployment benefits:

    Q3. What are defined benefit plans and defined contribution plans? Which plan poses more financial risk for employees?

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