Workers in the private sector are far more likely to have a defined benefit plan than workers in the public sector.

Question

Quizplus · Accepted Answer

This statement is actually the opposite of the truth. Workers in the public sector are much more likely to have a defined benefit plan than workers in the private sector. This is because public sector jobs often come with pensions as a benefit, while many private sector jobs have shifted to defined contribution plans such as 401(k)s.

Workers in the Private Sector Are Far More Likely to Have