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Title: :  Pension Schemes Provide the Long-Term Security of Private-Sector Workers
PaperId: :  19214
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 7 Issue 6 2021
DUI:    16.0415/IJARIIE-19214
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Shreeshail Mallappa KhotResearch Scholar, Sunrise University, Alwar, Rajasthan
Dr. Dheeraj AggarwalResearch Supervisor, Sunrise University, Alwar, Rajasthan

Abstract

COMMERCE
Pension Information; Retirement; Savings; Workers, Private-Sector.
There are two distinct types of pensions plans that private companies can provide for their employees: defined contribution (DC) plans, in which workers save money in individual accounts that can be tapped in retirement, and defined benefit (DB) plans, in which workers receive a set monthly benefit payment beginning upon retirement. For their workers' retirement security, some companies provide both defined benefit and defined contribution pension plans, whereas the vast majority offer either one or the other. Even though most defined contribution plans are sponsored by a single company, the SECURE Act (enacted as Division O of the Further Consolidated Appropriations Act of 2020 includes measures intended to promote the sponsoring of DC plans by multiple employers. Some policy concerns with DC plans are distinct from those with DB plans. Government-sponsored defined contribution (DC) plans on the federal, state, or municipal levels are not included in this study. Despite certain shared features, public sector defined contribution plans are not subject to the same legal requirements as their private sector counterparts.

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IJARIIE Shreeshail Mallappa Khot, and Dr. Dheeraj Aggarwal. "Pension Schemes Provide the Long-Term Security of Private-Sector Workers" International Journal Of Advance Research And Innovative Ideas In Education Volume 7 Issue 6 2021 Page 1877-1885
MLA Shreeshail Mallappa Khot, and Dr. Dheeraj Aggarwal. "Pension Schemes Provide the Long-Term Security of Private-Sector Workers." International Journal Of Advance Research And Innovative Ideas In Education 7.6(2021) : 1877-1885.
APA Shreeshail Mallappa Khot, & Dr. Dheeraj Aggarwal. (2021). Pension Schemes Provide the Long-Term Security of Private-Sector Workers. International Journal Of Advance Research And Innovative Ideas In Education, 7(6), 1877-1885.
Chicago Shreeshail Mallappa Khot, and Dr. Dheeraj Aggarwal. "Pension Schemes Provide the Long-Term Security of Private-Sector Workers." International Journal Of Advance Research And Innovative Ideas In Education 7, no. 6 (2021) : 1877-1885.
Oxford Shreeshail Mallappa Khot, and Dr. Dheeraj Aggarwal. 'Pension Schemes Provide the Long-Term Security of Private-Sector Workers', International Journal Of Advance Research And Innovative Ideas In Education, vol. 7, no. 6, 2021, p. 1877-1885. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/Pension_Schemes_Provide_the_Long_Term_Security_of_Private_Sector_Workers_ijariie19214.pdf (Accessed : ).
Harvard Shreeshail Mallappa Khot, and Dr. Dheeraj Aggarwal. (2021) 'Pension Schemes Provide the Long-Term Security of Private-Sector Workers', International Journal Of Advance Research And Innovative Ideas In Education, 7(6), pp. 1877-1885IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/Pension_Schemes_Provide_the_Long_Term_Security_of_Private_Sector_Workers_ijariie19214.pdf (Accessed : )
IEEE Shreeshail Mallappa Khot, and Dr. Dheeraj Aggarwal, "Pension Schemes Provide the Long-Term Security of Private-Sector Workers," International Journal Of Advance Research And Innovative Ideas In Education, vol. 7, no. 6, pp. 1877-1885, Nov-Dec 2021. [Online]. Available: https://ijariie.com/AdminUploadPdf/Pension_Schemes_Provide_the_Long_Term_Security_of_Private_Sector_Workers_ijariie19214.pdf [Accessed : ].
Turabian Shreeshail Mallappa Khot, and Dr. Dheeraj Aggarwal. "Pension Schemes Provide the Long-Term Security of Private-Sector Workers." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 7 number 6 ().
Vancouver Shreeshail Mallappa Khot, and Dr. Dheeraj Aggarwal. Pension Schemes Provide the Long-Term Security of Private-Sector Workers. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2021 [Cited : ]; 7(6) : 1877-1885. Available from: https://ijariie.com/AdminUploadPdf/Pension_Schemes_Provide_the_Long_Term_Security_of_Private_Sector_Workers_ijariie19214.pdf
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