The Problems That Some State Government Agencies Are Experiencing with Underfunded

question 54

Multiple Choice

The problems that some state government agencies are experiencing with underfunded pension plans can be attributed to:

• A)making unrealistic promises about pensions to employees in the past.
• B)overestimating the return that the plans' investments would earn.
• C)changing from defined-benefit plans to defined-contribution plans.
• D)A and B

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Definitions:

Social Activities

Interactions and engagements with others in a communal or public setting, often for leisure, networking, or support.

Cultural Activities

Events or practices that reflect the traditions, arts, social institutions, and achievements of a particular nation, people, or other social group.

Social Relations

The interactions and connections among individuals and groups, encompassing a wide range of human society dynamics.

Language

A structured system of communication, consisting of symbols, sounds, or gestures, used by humans to express thoughts, emotions, and ideas.