Most countries with public pension schemes use a fully funded scheme.
A)True
B)False
C)Uncertain

Name: Most countries with public pension schemes use a fully funded scheme. A)True B)False C)Uncertain
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Question

Quizplus · Accepted Answer

Most countries with public pension schemes use a pay-as-you-go system, where current workers' contributions are used to pay current retirees, rather than a fully funded scheme where each individual's contributions are saved and invested for their own future retirement.

Most Countries with Public Pension Schemes Use a Fully Funded