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There are two major types of pension plans offered by companies, Defined Benefit Plans and Defined Contribution Plans. NC teachers have a choice between the two and other employers offer a choice too. Given the choice which type of plan would you choose and why? 200 words

There are two major types of pension plans offered by companies, Defined Benefit Plans and Defined Contribution Plans. NC teachers have a choice between the two and other employers offer a choice too. Given the choice which type of plan would you choose and why? 200 words