defined contribution
B1CEFR level
50/100Rarity: uncommon
TechnicalRegister
A pension whose eventual value depends on the sums paid in and how the invested funds perform.
Under a defined contribution plan, the investment risk sits squarely with the employee.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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