The Canada Pension Plan contribution rate has increased since the program's inception in 1966 due to
A) enhancement of the plan's benefits.
B) declining wage and salary growth.
C) changing demographics.
D) all of these answers are correct.
Correct Answer:
Verified
Q10: The Old Age Security program has played
Q11: Some young people may decide not to
Q12: A current worker may save more towards
Q13: The retirement effect is
A)when people retire earlier
Q14: Having a public pension plan makes people
Q16: Pensions and annuities that account for inflation
Q17: In 2013-14, the Old Age Security program
Q18: When workers save less during their working
Q19: Most countries with public pension schemes use
Q20: Pay-as-you-go financing is an attractive method of
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