Which of the following represents a consistent standard of living between pre- and postretirement?

Name: Which of the following represents a consistent standard of living between pre- and postretirement?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Wage replacement rate is the correct answer because it specifically refers to the percentage of a worker's pre-retirement income that is paid out by a pension program upon retirement, aiming to maintain a consistent standard of living before and after retirement.

Which of the Following Represents a Consistent Standard of Living