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Bank International was created to provide the working class with a means of saving.The bank accepts all deposits between $1 and $500.The bank encourages people who save a very small amount every month to continue to save.This is an example of:
Universal Portability
A concept often related to social security or benefits systems, allowing individuals to retain their benefits or rights across different jobs, regions, or countries.
CPP
The Canada Pension Plan, a social insurance program requiring contributions from Canadian workers and employers to provide retirement, disability, and survivor benefits.
QPP
The Quebec Pension Plan, a public retirement plan for individuals in Quebec to provide financial security when they retire.
Employment Insurance (EI)
A social welfare program that provides temporary financial assistance to unemployed workers who meet certain eligibility criteria.
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