Government pension benefit funds in recent years have had to grapple with pension fund deficits with greater longevity and early retirements for employees and have often increased the minimum retirement age, among other adjustments to be able to reduce future deficits.

Question

Quizplus · Accepted Answer

This statement is true. Government pension benefit funds have indeed had to address deficits due to factors such as longevity and early retirements by adjusting their policies, including increasing the minimum retirement age.

Government Pension Benefit Funds in Recent Years Have Had to Grapple