the defined-benefit system
...确定受益制 [gap=1520]Key words: Pension accounting; Pension system; the defined-contribution system; the defined-benefit system ...
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the defined-benefit system
固定收益制度
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The plan would transition Medicare from a defined-benefit system, in which the government is on the hook for whatever services seniors desire, to a defined-contribution system, in which the government pays out a dollar amount for health services, growing with inflation, incentivizing all participants in the system to prioritize health spending to those services that are most valuable.
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