How is a participant's accrued benefits calculated for defined benefit and defined contribution plans? 8. List and describe the common funding formulas of a defined benefit plan. 9. Howareaparticipant's accrued benefits managed in defined benefit plans? 10. Which age group generally benefits the most from the establishment of a defined benefit pension plan? 11. List the advantages of cash balance pension plans. 12. Which age group generally benefits the most from the establishment of a ca