Pension plan choices: DB versus DCBy Patrick Longhurst12/18/2000|Canadian HR Reporter|Last Updated: 06/18/2002 In the 1970s, plan sponsors and consultants used to talk about the relative merits of defined benefit (DB) plans and defined contribution (DC) plans and the choice was clear. Typically public-sector plans and the large private-sector plans had always been DB. Smaller, entrepreneurial companies had mostly DC plans or group RRSPs. (The box on page 26 highlights the features of each type of plan.)Today, the situation is less clearcut:•across Canada, major revisions to provincial legislation in the 1980s increased the challenges of compliance and blurred distinctions between the two types of plans. Ongoing practices of the regulatory authorities continue to exacerbate this situation; To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.