Because the cost of such schemes is high, new employees are usually offered defined-contribution (DC) schemes, in which employer contributions are lower and retirement income varies with the markets.

因为这些计划的成本很高，新员工通常适用于固定缴款计划，这种计划雇主缴款较低且退休收入随着市场变化。

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But the replacement of DB schemes with defined-contribution (DC) plans hurts employees.

但是作为替代方案的固定缴款养老金计划(DC)却损害雇员利益。

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Final-salary schemes were closed to new members, who were switched into defined contribution (DC) schemes, in which employees bear the investment risk.

ECONOMIST: Pension sums don��t add up

It thinks that nearly half of employers whose schemes are still open to new joiners will close them, with a defined-contribution (DC) scheme being offered to the staff instead.

BBC: Pension scheme closures speed up

Because the cost of such schemes is high, new employees are usually offered defined-contribution (DC) schemes, in which employer contributions are lower and retirement income varies with the markets.

ECONOMIST: Pensions rules get complex again