_____ are large pools of money set aside by corporations, unions, and governments for later use in paying retirement benefits to their employees or members.

Question

Quizplus · Accepted Answer

Pension funds are specifically designed to collect and grow funds contributed by employers (and sometimes employees) to provide retirement benefits to workers. This makes them distinct from slush funds, unemployment benefits, workers' compensation funds, and floats, which serve different purposes.

_____ Are Large Pools of Money Set Aside by Corporations