In a DC plan, the employee bears all the market risk.

而在DC计划中，雇员则需要承担全部市场风险。

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Under a DB scheme, it was up to the employer to fill any hole in the fund caused by a market shortfall; in a DC plan, the employee bears all the market risk.

在DB计划项下，雇主必须弥补由于市场短缺而造成的资金缺口；而在DC计划中，雇员则需要承担全部市场风险。

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Neil Record, a fund manager, argues that the pay deal offered to a DC plan member is clear; it consists of basic salary and the employer’s contribution to the plan.

基金经理尼尔•雷科德(Neil Record)提出，缴费确定型计划获益者的支付安排是明晰的，它由基本工资与雇主缴费数额构成；

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Christine Mahoney of Mercer Consulting reckons that the cost of funding a 60-year-old employee in a DB scheme is 12% of payroll, whereas in a DC plan it is just 6%.

ECONOMIST: All hands on deck

To make this move, you have to work for a company that offers both a 401(k) defined contribution plan and a traditional defined benefit pension plan, and offers the option to roll assets from the former (the DC plan) to the latter (the DB pension).

FORBES: How To Make Your 401(k) Last Forever: The Pension Rollover

Robert Reich, a labour secretary under Bill Clinton, this week declared that leftists must march in support of the public plan in Washington, DC, on September 13th.

ECONOMIST: Health reform