Which of the following is a characteristic of the CPP?
A) The plan pays lower rates to women than to men because women tend to live longer.
B) The CPP is a fixed-income plan.
C) The CPP cannot protect people from inflation and requires personal savings or other supplements to ensure the pensioner's income remains stable.
D) The CPP guarantees up to 25% of the pensioner's pre-retirement earnings to a maximum of 25% of the year's Average Industrial Wage.
Correct Answer:
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