Having a public pension plan makes people less inclined to save for their own retirement.

Name: Having a public pension plan makes people less inclined to save for their own retirement.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The impact of a public pension plan on personal savings behavior can vary depending on individual circumstances, cultural factors, and the design of the pension system. Some people may save less if they expect sufficient income from a public pension, while others may continue to save independently.

Having a Public Pension Plan Makes People Less Inclined to Save