Which of the following explains why public employees (more frequently than private employees)tend be in defined benefit programs?

Question

Quizplus · Accepted Answer

Public employees often have long careers with the same employer, making them more likely to benefit from a defined benefit program that rewards longevity and incentivizes employees to remain with the same employer over a longer period of time. Private employees, on the other hand, are more likely to switch employers throughout their career, making defined contribution plans, which are portable and can be transferred from employer to employer, a more attractive option.

Which of the Following Explains Why Public Employees (More Frequently