Membership in defined benefit plans is declining relative to membership in defined contribution plans.

Name: Membership in defined benefit plans is declining relative to membership in defined contribution plans.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true according to data from the Bureau of Labor Statistics, which shows a decline in the number of workers enrolled in defined benefit plans and an increase in those enrolled in defined contribution plans.

Membership in Defined Benefit Plans Is Declining Relative to Membership