Mail delays hit Philadelphia residents, short staffed USPS struggles to keep up

Re:Mail delays hit Philadelphia residents, short staffed USP... by chrisseaton on Monday August 03, 2020 @12:36AM (#24034282)

I am sure they both offer define contribution pensions like almost all companies do.

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Re:Mail delays hit Philadelphia residents, short staffed USP... by lotsofpulp on Monday August 03, 2020 @12:43AM (#24034308)

In the US, pensions means defined benefit pensions, which cost a great amount more than defined contribution pensions.

With a defined contribution plan, the employer is off the hook immediately after giving the employee the cash.

With defined benefit, the employer is on the hook for all adverse investment performance as well as broader economic turmoil decades into the future.

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