Re:IBM Is Already Gutting Red Hat and Firing Employees Witho...
by function_seven on Wednesday August 05, 2020 @03:33PM
(#24064633)
Eh, technically I suppose.
When people refer to a "pension", they're usually talking about a defined benefit plan that requires little or no funding from the employee's paycheck. The amount of money you get at retirement is determined upfront, and based on things like years of service and average wages over some prescribed time period.
When people refer to a "pension", they're usually talking about a defined benefit plan that requires little or no funding from the employee's paycheck. The amount of money you get at retirement is determined upfront, and based on things like years of service and average wages over some prescribed time period.