Which of the Following Is a Characteristic of the CPP

question 51

Multiple Choice

Which of the following is a characteristic of the CPP?

• A) The plan pays lower rates to women than to men because women tend to live longer.
• B) The CPP is a fixed-income plan.
• C) The CPP cannot protect people from inflation and requires personal savings or other supplements to ensure the pensioner's income remains stable.
• D) The CPP guarantees up to 25% of the pensioner's pre-retirement earnings to a maximum of 25% of the year's Average Industrial Wage.

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