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An Employee Pays 7 Percent of Her Paycheque to an Employer-Sponsored

Question 35

Multiple Choice

An employee pays 7 percent of her paycheque to an employer-sponsored pension program. Her employer matches her contribution on each paycheque to the pension program. This type of program is


A) GIS plan
B) C/QPP plan
C) registered retirement savings plan
D) contributory plan
E) non-contributory plan

Correct Answer:

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