Defined Benefit and Defined Contribution Pension Plans Discussion

What are the advantages and disadvantages of a Defined Benefit Pension Plan? (1 Mark)
What are the advantages and disadvantages of a Defined Contribution Pension Plan? (1 Mark)
Considering that Wilson Brothers has employees with significant age and service and yet would like to attract young high-calibre talent to the organization what type of pension plan would you recommend? Why? (1 Mark)
Provide Constructive Feedback to at least two other student’s postings. (2 Marks)

NOTE: The Discussion Assignment will be marked on content, analysis, direct references to the readings and the overall professionalism of the presentation (3 marks) and constructive feedback to at least 2 other students’ work (2 marks).

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