Private Pension Plans Are Not Very Useful to Workers Who

question 47

Multiple Choice

Private pension plans are not very useful to workers who make lower wages because

• A) they pay higher taxes on contributions
• B) they cannot contribute as much to their RRSPs
• C) they are the least likely to be protected from inflation
• D) they make higher contributions to their pensions and receive lower benefits
• E) they replicate the inequality found in the labour market

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Definitions:

Bursitis

Inflammation of a bursa, a fluid-filled sac that acts as a cushion between bones, tendons, joints, and muscles.

Gynecology

The medical practice dealing with the health of the female reproductive systems and the breasts.

Gynec/o

A prefix pertaining to women or the female reproductive system.

Analgesics

Medications designed to relieve pain without causing a loss of consciousness, also known as painkillers.