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 works in the financial industry and not specifically for a bank. She will likely invest in safe corporate stocks, government securities, and other conservative investments to ensure the fund's stability and growth. The tax benefits for the fund are based on the contributions made by both companies and union members, so option C is incorrect. Additionally, the purpose of the investments is to secure the fund's future and provide retirement benefits for union members, not to increase their current pay, making option D incorrect.

Shana Works as an Investment Specialist for the Teamsters Union