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Financing of benefits vs scheme provision

S

ST6_aspirant

Member
Chapter 6: Benefits overview and provider of benefits

What is the essential difference between subsection 4.2 and 4.3

4.2 The roles of the employer in relation to the financing of benefits
4.3 The role of the employer in relation to scheme provision

To my mind, they are the same, i.e. employer bearing the cost, some or all, of providing benefits for their employees.
 
Section 4.2 is the bigger picture; what types of benefits do employers provide, and why? Section 4.3 contains the specifics around how they might provide those benefits in a particular type of scheme.
Hope that helps!
 
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