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Pakistan State Oil - the leading oil marketing company of Pakistan,

operated approved funded defined benefit pension schemes separately for permanent management and non-management employees since its inception in 1976. 
 
Recently, the Company has launched a Defined Contribution Scheme in year 2019 for its employees. This scheme allows early vesting of retirement benefits to the employees so that their accumulated pension benefit would be available on cessation of service at any time instead of waiting for superannuation/retirement age.
 
In view of the aforementioned, come up with atleast three reasons for PSO to switch from DB to DC Scheme. Shall it be going to benefit the company? Your answer should be in detail with solid justifications and arguments. 

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