Longevity Is Defined as ____

question 89

Multiple Choice

Longevity is defined as ____.

• A)long duration of life
• B)a person's age in years from date of birth
• C)the maximum number of years of life attainable by a species
• D)the average number of years lived by people in a given society

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Definitions:

Contributory Plan

A pension plan in which contributions are made jointly by employees and employers

Registered Retirement Savings Plan

A retirement savings and investing tool for employees and the self-employed in Canada, offering tax benefits.

Pay-as-you-go Philosophy

A financial strategy where expenses are paid for as they occur, rather than using credit or accumulating debt.

Reward Philosophy

An organization’s formal approach to managing employee compensation, benefits, and recognition in alignment with overall business strategy.