Pension Obligations

This Pension Obligations video also includes:

Discover the major implications of pensions on the current financial condition of many states in the United States. This video walks through a detailed comparison of a defined benefit plan versus a contribution plan, and introduces the problem that exists today of under-funded pensions, where companies must deal with expenses that have grown beyond their budgets for current employees.

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CCSS: Designed
Pros

  • Useful knowledge for personal financial literacy, as well as understanding common economic practices and their implications
Cons

  • None