Which of the following statements regarding the funded status of public pension plans is false?
A) In general, the funded status of public pension plans improved between 2001 and 2015.
B) The 2010 Public Funding Survey found that pension plan funding declined between 2001 and 2009.
C) The funded status of a government's pension plan depends on the commitment of the government to finance the plan.
D) A government that consistently underfinances its pension plans may be at risk of serious financial stress.
Correct Answer:
Verified
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