Which of the following is not an example of a transfer payment?

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The government's contribution to a teacher's pension plan is not a transfer payment, as it represents a contribution to the teacher's retirement funds and is not intended to support their current income or well-being. Transfer payments are payments made by the government to individuals or groups without any expectation of direct economic benefit or service in return. Examples of transfer payments include social welfare programs, disability benefits, and employment insurance payments.

Which of the Following Is Not an Example of a Transfer