Shana works as an investment specialist for the Teamsters Union Central States Pension Fund. Her job involves deciding how to invest the contributions paid into the fund. Which of the following statements about Shana's job are true?

Question

Quizplus · Accepted Answer

Shana's job involves investing contributions paid into the pension fund, which means she does not work for a bank (A is false). As an investment specialist, Shana will likely choose safe corporate stocks and conservative investments like government securities, which is a common strategy for pension funds (B is true). The tax benefits for pension funds are based on contributions made to the fund, not who makes them. Therefore, C is false. The purpose of the investments Shana makes is to grow the fund's assets and provide long-term financial security for union members, not to increase their current pay, so D is false.

Shana Works as an Investment Specialist for the Teamsters Union