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Most Canadians Rely to Some Extent on the Retirement Income

Question 16

Multiple Choice

Most Canadians rely to some extent on the retirement income system,which is based on established pillars.Which pillar's goal is to support universal programs that provide a basic minimum income?


A) Pillar 1: Old Age Security (OAS) and Guaranteed Income Supplement (GIS)
B) Pillar 2: The Canada Pension Plan (CPP)
C) Pillar 3: Private pension plans and savings
D) Pillar 3: Workplace pension plans and savings

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