The present study is focused on perception of organised sector employees towards the Defined Benefit (DB) and Defined Contribution (DC) pension scheme provided by the government of India. Defined Benefit and Defined Contribution plans have significantly different characteristics with respect to the risks faced by employers and employees. Also, this paper assesses some key issues in choosing between defined benefit plans and defined contribution plans. The study found out the overall perception of employees towards DB and DC

DB, DC