Which of the following is not true about retirement benefits in Canada?
A) In Canada, seniors are funded sufficiently to meet necessary living expenses.
B) In 2007 the combination of OAS and CPP funded over 40 percent of seniors' income.
C) Two thirds of Canadians are not saving enough to meet necessary living expenses.
D) A single pensioner with no private savings receives approximately $20,000 annually.
Correct Answer:
Verified
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