Respuesta :
Employees may be unhappy with their retirement plans because not all companies provide defined benefit plan and some companies simply keep their obligations less and have defined contribution plan.
What is Pension?
Pension is the compensation that an employee earns over the years or service. This compensation is generally paid in cash and paid after the retirement of the employee.
There are two retirement plans, Defined benefit plan and defined contribution plan.
In defined benefit plan their is greater risk and expense for the company as the end benefits being paid to employee is defined at the start of the contract and after contribution by employee and employer if there is a shortfall the employer is liable to pay the amount.
Defined contribution plan have a percentage of contribution planned by the employee and the employer which is contributed and the amount is paid to employee.
Learn more about Pension at https://brainly.com/question/27206880
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An employee survey at a company indicates that many employees are unhappy with the retirement plan, what retirement plan can be chosen?
