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Reference: 03-01
TB Figure 1
-According to TB Figure 1 above, in what year will the population totals for people under 14 and people over 60 be relatively the same?
Base Pay
The initial rate of compensation that an employee receives in exchange for their services, not including benefits, bonuses, or any other potential compensation.
Permanent Adjustment
A change in a workplace or work procedure that is intended to remain in effect indefinitely.
Merit Pay System
A compensation approach where employee pay increases are based on their performance, often assessed through performance appraisals.
Teenage Son
A male child in the age range of 13 to 19 years.
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