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。

youdao

And employers often use the switch from DB to DC to cut their contributions.

雇主常常将DC计划切换至DB计划以削减缴款额。

youdao

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。

youdao

Even if the Government is not concerned about the move from DB to DC, it really should be concerned about the overall reduction in the level of saving for retirement.

BBC: Peter Thompson's speech

In America and Britain the switch from DB to DC schemes in the private sector has left the responsibility with the individual worker, but employees have yet to rise to the challenge.

ECONOMIST: Falling short

Gerrie added the DC to DB rollover option into an employer plan at the request of several members of a professional services firm of about 400 employees.

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