The major distinction between the unit and flat defined benefit formulas is the use of the employee's years of service.( Benefit Formulas)

Name: The major distinction between the unit and flat defined benefit formulas is the use of the employee's years of service.( Benefit Formulas)
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Quizplus · Accepted Answer

The unit defined benefit formula uses the employee's years of service as a factor in calculating benefits, while the flat defined benefit formula does not take years of service into account.

The Major Distinction Between the Unit and Flat Defined Benefit