For this discussion use chapter 7 and 8 from Pynes and do some additional research online to help you address and answer the following questions (make sure you cite all sources):

Are there specific benefits or forms of compensation that are required by law? If so, explain.

Are there specific benefits or forms of compensation that are NOT required by law? If so, explain.

Discuss the differences between Defined Benefit and Defined Contribution Plans (use additional resources if needed)

Discussion assignments consist of two parts: (I) an initial response to the topic, (II) responses/interactions (2+) with your peers.

Follow all Discussion Board Requirements and Due Dates.

Resources:

• Compensation Law:
• Benefit Law:
• ERI Economic Research Institute (2020).